Bungi & ZZAZZ
FLX have a 1.3bT JORC resource, see breakdown below
Measured: 428.5mt
Indicated: 259.2mt
Inferred: 677.5mt
FLX have 368.5mt of JORC reserves (125.4mt Proved & 243.1 probable)
So EV divided by this will give the multiple. By the way I noticed a minor mistake in my stats with the EV,
EV: MCap+Debt-Cash, $1.66bil + 91mil - 300mil= $1.45b
EV/Resource: $1.45b/1.3bt = A$1.115/t
EV/Sales Ton = $1.45b/4.6mt = A$313/t
EPS: $188.5m/196.3mt = 0.96c
What YZC are eyeing IMO is the production by 2012 of 16.7mt. This is 3.6 times '08 sales figure of 4.6mt. So obviously the assets have a huge potential/demand despite the mow low coal prices.
Felix's sale's tonnage was 4.6MT so the production would have been around 5.3MT. There is some run-off coal hence the sales fig are less then the actual production figures for coal.
I had a look at the NPAT fig's from Macarthur, Centennial & New Hope, Felix certainly looks very attractive.
cheers.
- Forums
- ASX - By Stock
- FLX
- flx stats
flx stats, page-9
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FLX (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $38.85M |
Open | High | Low | Value | Volume |
17.5¢ | 19.0¢ | 17.5¢ | $4.705K | 24.99K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11773 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11773 | 0.170 |
2 | 36262 | 0.165 |
1 | 25000 | 0.160 |
1 | 55000 | 0.155 |
1 | 25000 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 30000 | 1 |
0.200 | 10000 | 1 |
0.215 | 30000 | 1 |
0.220 | 8337 | 1 |
0.225 | 30000 | 1 |
Last trade - 15.24pm 09/09/2024 (20 minute delay) ? |
Featured News
FLX (ASX) Chart |