A Big if, but should 20mtpa comes to fruition, at today's price HIO will be making around:
A$230/t x 20million = $4.6b profit = $3.22b profit after tax
At a modest P/E of 5 = 3.22x5 = $16b
Depending on what the eventual enlarged SOI is, there's plenty of upside for the share price.
Price and Chart HIO, page-1790
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.34M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $5.623K | 273.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1525175 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 164745 | 4 |
View Market Depth
| Last trade - 14.44pm 13/09/2024 (20 minute delay) ? |
| HIO (ASX) Chart |