Phoenix Copper Ltd (OTCPK:PXCLF)
$ 0.07 -0.02385 (-25.41%) Market Cap: 15.37 Mil Enterprise Value: 19.47 Mil PE Ratio: 0 PB Ratio: 0.12 GF Score: 0/100

Phoenix Copper Ltd at OTC Markets International Virtual Investor Conference Transcript

Jun 17, 2021 / 01:00PM GMT
Release Date Price: $0.7275 (+34.72%)
Richard Wilkins
Phoenix Copper Ltd - CFO

So hello, everybody. And welcome to Phoenix Copper Limited. We are an emerging producer of copper, gold, and silver in the USA. I'm going to skip through the disclaimer, give you a quick overview of the company.

So we are focused on Idaho. We're developing the past-producing high-grade Empire copper mine. This was an underground mine with head grades of some 6% to 8% copper, which closed when the workforce was conscripted into World War II. We are in a prolific mineralized district. Empire is the epicenter of three mineralized faults and Bingham Canyon. The massive copper mine is only a four-hour drive to the south of us.

We are initially targeting a simple open pit mine above the historic deposit. Production late next year to produce copper and zinc, and then gold and silver. This will generate cash, finance ongoing exploration and development of the greater war system.

CapEx will be in the region of $50 million. We anticipate net revenue of some $800 million over an initial 10-year operating life. EBITDA, some $310 million, and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot