Sales $300m for 11,000t = $27.27/kg
Total costs $24/kg (my guess, but usually my guesses have been better than management's so far)
Profit of $3.27kg = total profit of $36m, with $2bn shares on issue is eps of 1.83c at a P/E of ten is 18.3c.
Even if you double the profit by reducing the costs to $20.73/kg, you only get a valuation of 36.6c.
i can see clearly, now...., page-8
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Last
$7.34 |
Change
-0.260(3.42%) |
Mkt cap ! $6.860B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.56 | $7.30 | $32.37M | 4.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84497 | $7.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 23514 | 2 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |