I do think we need to expand on the cycle s as well. we have other mining services companies starting that the boom cycle this time expands well into 2022.
we also have disruptive tech creating higher demand for certain minerals - copper, nickel, lithium. as earnings pick up and become more consistent with growth, we'll see a correction in the valuation metrics; essentially 5% yield on ev being applied to ebit.
if your EBIT forecast is 7M, but with an announcement of further revenue and earnings growth the year(s) after, I would say company mcap 100m
SP: 74c
Ann: 2020 AGM CEO Presentation, page-6
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Last
$1.52 |
Change
-0.015(0.98%) |
Mkt cap ! $209.9M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.54 | $1.51 | $80.94K | 53.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 10188 | 3 |
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| Last trade - 12.58pm 23/07/2024 (20 minute delay) ? |
| XRF (ASX) Chart |