Phoenix Copper offers a geared exposure to a highly attractive commodity. Our fair value of 80p is based solely on the Empire Mine open pit project which is expected to come into production next year. The potential for significant copper sulphide finds below the open pit, along with silver at the Red Star mine; a gold prospect at Navarre Creek and two claims packages in the Idaho Cobalt Belt are included in our valuation for free.
06 Oct 2021
Phoenix Copper (PXC):The Empire Strikes (are) Back
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Phoenix Copper (PXC):The Empire Strikes (are) Back
Phoenix Copper Ltd. (United Kingdom) (PXC:LON) | 13.0 0 (-1.9%) | Mkt Cap: 19.4m
- Published:
06 Oct 2021 -
Author:
SEAL Advisors Research Team -
Pages:
39
Phoenix Copper offers a geared exposure to a highly attractive commodity. Our fair value of 80p is based solely on the Empire Mine open pit project which is expected to come into production next year. The potential for significant copper sulphide finds below the open pit, along with silver at the Red Star mine; a gold prospect at Navarre Creek and two claims packages in the Idaho Cobalt Belt are included in our valuation for free.