LNC linc energy ltd
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no brainer investment at these prices, page-19

  1. danhold
    1,999 Posts.
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    13/04/12
    14:04
    Post #: 9977771



    No brainer at these prices!!

    Lets assume the mine is in production today and it is producing 50 million Tonnes at the fee payable is $100 M
    lets take the tax out and say there is $70 m inc tax.


    The current mkt of LNC is $535 million

    The $70 Million equates to a P/E of 7.3

    BHP P/E is 8 times.

    Why is LNC so cheap buddy?

    LNC Price at posting: $1.07 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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