The answer is in today's coal price for met coal and their projected production (out of their presentation posted)
Targeting Q2 CY2017 for mining to recommence / April - June start 2017
• Targeting 600 - 800kt saleable coal in CY2017 / So assuming @ todays price = 800kt x $240M of revenue before costs
• Targeting 1.5Mt - 2.2Mt of saleable coal in CY2018 / so assuming 2018 = 2.0Mtpa x $500M of revenue
2018 @$250 met coal = Gross EPS: $0.30/ share
The market capitalisation of the cok just grew by my maths if prices hold around these levels - i doubt they will be shorted unless they get delayed or prices fall significantly.
RT
- Forums
- ASX - By Stock
- COK
- Cockatoo coal
Cockatoo coal, page-3
-
-
- There are more pages in this discussion • 38 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 COK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online