A40 0.00% 8.2¢ alita resources limited

LIQUIDATION & BALD HILL FOR SALE, page-1517

  1. 857 Posts.
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    Done some quick math, based on last available qtrly report: https://hotcopper.com.au/threads/ann-quarterly-activities-report.4873057/

    Used the current spot rate as per for SC6.0:
    https://hotcopper.com.au/data/attachments/5754/5754421-e7ee957c1156d44020fe59ac58fef08a.jpg
    And the FY23 sales price from PLS for the tantalite:
    https://hotcopper.com.au/data/attachments/5754/5754422-210c7c83764de00aa1c6d6ab3330d283.jpg

    Which brings us to the figures:
    https://hotcopper.com.au/data/attachments/5754/5754425-d2db9bef1c5d48014373f1d0519dcf94.jpg

    Only thing I think I've been lenient on is the opex - which has probably increased since 2019 (the opex i've used is 2019 figures)...

    In any case - paying $180mil for something that is generating apx $80 mil per quarter is a pretty phenomenal deal for Mr Ellison.
 
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