Suggest you go to the website and download the Shaw research report, which has a valuation at the back.
Valuation is a bit problematic as SOP price has little visibility. The wholesale price of MOP is currently ~USD625 inc freight. SOP is typically about double the price of MOP. If you use wholesale price of A$1000/t (seems conservative), the cash margin per tonne is ~A$770/t.
On this basis the annual cashflow is about $90m or 83cps (assuming they raise another 40m shares at $1.50).
what are potential revenue and profit margin, page-4
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
