Based on other companies MIN has bought out where MIN was paying said company a royalty - this appears likes a sensible outcome.
Particularly as MIN is stating they are expanding to 10 mtpa and the current royalty is 9 million AUD per annum at 5mtpa assuming iron ore prices stop their meteoric rise.
If MIN expands to 10mtap that puts TLM at 18 million a year royalty. MIN bought out the last company at 10 x Royalty so a valuation of TLM at 180 million is reasonable based on recent past transactions by MIN.
https://hotcopper.com.au/threads/ann-talisman-receives-first-wonmunna-royalty-payment.6008792/page-90?post_id=53587945
Fairly clear the intention here for this project based on the newspaper article attached quoting Mineral Resources.
Ann: TLM:Talisman Receives Second Wonmunna Royalty Payment, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$30.65 |
Change
-1.550(4.81%) |
Mkt cap ! $6.023B | |||
| Open | High | Low | Value | Volume |
| $32.50 | $32.90 | $30.17 | $96.53M | 3.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4976 | $30.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.67 | 11335 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MIN (ASX) Chart |