BIG burrendong minerals limited - withdrawn

9 month share price target is +$2.00 share

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 4,826 Posts.
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    March Quarter free cash flow of $1.6M x 4 = $6.4M (annualized) x 20 for valuation of $128M or $0.99 per share.
    June Quarter free cash flow guesstimate $2.5M x 4 = $10.0M annualized x 20 for valuation of $200M or $1.54 per share.
    September Quarter free cash flow $3.5M x 4 = $14.0M x 20 for valuation of $280M or $2.15 per share.

    Quarterly (global) operating and investment expense of $4.0M established and stablized for last 3 quarters. This thing is going BIG.
 
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Currently unlisted public company.

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