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Ann: Voluntary suspension extension, page-16

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  1. 7,150 Posts.
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    Interesting. So in terms of how excited the market gets about this, it may depend on the sector they operate.

    If the combined earnings are in that $5m p/a vicinity, I would expect a share price reflecting a forward P/E of between 5 and 15.

    So perhaps a market cap within the $25m-$75m range? It's a big range but gives a ball park for expectations I guess.

    I think the X-factor here that we have forgotten a little is the feasibility study for an ATEN install at a mine site, which I'm sure has been completed by now.

    So what we might get early in the week is a coherent business plan and structure containing acquisitions, the financial model around that new structure, a plan for an ATEN install, the economics around that ATEN pilot and with a financial structure that provides funding going forward the market might decide that this looks robust going forward & price it accordingly.
 
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