RRP 0.00% 8.5¢ realm resources limited

Ann: Determination under Listing Rules 11.1.2 and 11.1.3-RRP.AX, page-28

  1. 3,703 Posts.
    lightbulb Created with Sketch. 228
    So you can double the amount of revenue

    PCI Coal price.
    $160USD per Tonne, working off 20% discount to current coking coal price

    Last year they mined
    2.6 million tones.
    =416,00,00m USD
    Minus 30%(partners) = $124,800,00

    $291,00,000 Mill revenue approx

    Anything under 10 cents is bargain.

    Don't forget this mine was purchased by Anglo for $700m and this isn't taking into account the monies spent for rail & road etc

    Do the sums guys, this one is a keeper.
 
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