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7.9¢ gwr group limited

Ann: GWR Secures Port of Geraldton Access for Export of Iron Ore, page-108

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stevo2373

282 Posts.

41

04/12/20

17:47

Post #: 49355791
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Originally posted by 61289439: ↑

That would be the bomb if that happened. Recent movement in iron ore (even with AUD strengthening), still gives at least an additional $10 AUD per tonne - at prices now! That's adding an additional $2 to $4 million a month revenue - on top of whatever the initial profit was. Market cap of $53 million is just laughable at the moment. If iron ore stays where it is now or increases (which is what the market is expecting with all the new infrastructure push worldwide), we're talking minimum $50 million in the bank for the year. Plus all the shares in TZN, eminerals and all the tenements still to be explored and mined, this thing should be minimimum $300 to $400 million MC.
All IMO and my maths can suck sometimes - happy to be corrected, but if I've got the above right, just give us that off-take agreement and give us final estimated profit per tonne and GWR is going up, up, up.

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So with that MC, your valuation works out be about $1.30 per share?

From the figures I worked off last week for NPV, I came to $0.90 per share in production. My calculations included 30% tax, minus 60% risk and used a P/E of 20. This was purely on the iron ore, none of the other assets.

GWR Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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Last 7.9¢		Change 0.001(1.28%)		Mkt cap ! $25.37M

Open	High	Low	Value	Volume
7.8¢	7.9¢	7.8¢	$11.07K	141.3K

Buyers (Bids)

No.	Vol.	Price($)
1	3336	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.4¢	31592	2

View Market Depth

No.	Vol.	Price($)
1	3336	0.079
1	99871	0.077
2	301497	0.076
2	566666	0.075
2	600000	0.074

Price($)	Vol.	No.
0.084	30313	1
0.085	100000	1
0.088	62500	1
0.100	91375	2
0.110	5500	1

Last trade - 13.03pm 10/09/2024 (20 minute delay)

GWR (ASX) Chart