I feel let down having reduced my s/holding by half on friday as I expected news then. Why RJ left it to the last minute to announce? quiet disappointing..
Anyway that said, its still cheap so I'll top up early tomorrow morning. I think if the MOU becomes a GSA of which I'm optimistic about, we should see the SP between 0.60 - 0.90...immediately.. however the big money will flow when the reserves come into production and our first shipment to Sino in 2014... each year thereafter you could see a dollar EPS per year... so in ten years SP would be ~ 11 dollars and twenty years (2034) 22 dollars... this does not include Stan well GSA as we don't know much more about it...
I predict this based on simple calculation... $32B / 20 yrs. = 1.6BN per year.. Suppose margin is around 30per cent (plain guess) =480M/ 439M shares on issue (currently) = ~1 EPS?
What do you guys think.. ?
- Forums
- ASX - By Stock
- ICN
- stanwell
stanwell, page-2
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.608M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ICN (ASX) Chart |
Day chart unavailable