DDZX,
Using your numbers on sales/opex, there is $23m in annual cashflow (after opex). Personally, I think you have understated opex by $50 per tonne, when averaged across 6 other companies, so I've used $400.
Capex is $39m, not $50m (refer scoping study issued by KNL).
At 20c, company has market cap of $14.5m (including the dilution to the EGT), which is tremendously undervalued for a company with 10 year cashflow of $231m (21,000 tonnes * 10 years * (1,500-400)), from which to repay $39m capex + interest, leaving around $180m. I haven't included management costs, but then I also haven't included any resource upgrading, or their other project upside.
- Forums
- ASX - By Stock
- EGR
- Ann: Kibaran signs binding off-take
Ann: Kibaran signs binding off-take , page-14
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGR (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
0.002(2.11%) |
Mkt cap ! $44.04M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 9.7¢ | $2.152K | 22.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 9.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 45000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.096 |
2 | 90709 | 0.095 |
1 | 10000 | 0.094 |
1 | 8000 | 0.093 |
1 | 19691 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 45000 | 2 |
0.099 | 3703 | 1 |
0.100 | 7000 | 1 |
0.105 | 8000 | 1 |
0.110 | 8000 | 1 |
Last trade - 15.42pm 06/09/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |