Post by
Richiechile on Feb 02, 2023 3:06am
Capstone Copper
Capstone Copper has a current market cap of C$4.6bn. Capestone Copper own the Mantos Blancos mine which has 60ktpa of under utilised SX-EW capacity. There is even 20ktpa of sulphide processing capacity. Industrial logic for Capstone Copper to acquire Marimaca copper is compelling. Bidding war please
Comment by
CG2021 on Feb 06, 2023 10:50pm
That is the logical option share + cash? Or shares? But we need to understand fully how much this project is worth. Capstone can permit themselves to overbid because the capex will be even lower for them utilizing the Mantos blancos plant. How much is Marimaca worth though? Sulphides oxides and al?
Comment by
Woodman601 on Feb 06, 2023 11:16pm
According to latest webinar, at $4 copper, share price should be well above $10.21
Comment by
Woodman601 on Feb 06, 2023 11:19pm
Npv should be above $10.21