ATU 0.00% 0.5¢ atrum coal limited

Takeover Target, page-4

  1. 3,047 Posts.
    lightbulb Created with Sketch. 1821
    I think it’s a A$2bn project at US$140/t and expect that to show in the PFS once they convert resource at Isolation South into M&I and are allowed to show it in the financials. That figure doubles at US$180/t.

    $1.50/share is around 50% of NPV9 @ US$140/t. That sounds pretty spot on to me. Plenty of upside to 30c.
    Last edited by Cashmeoutside: 17/09/20
 
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