SMR 1.24% $3.19 stanmore resources limited

Ann: BMC Acquisition Completion, page-12

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  1. 293 Posts.
    lightbulb Created with Sketch. 54
    Based on calcs , open to discussion about it.

    Once we produce 6,000,000 tons of coal "once BMC is bolted on".

    If we get an average of $350 per ton

    =2.1 bill before cost's.

    If we apply a PE of 3 "to be conservative" would bring us to a circa 6.3 bil market cap.

    That is 265% our current value.

    would be interested to see if others arrive at a similar level

 
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