Australia's largest stock trading and investment forum Australia's #1 stock forum

ABR

Click for more information

0.00%

$2.65 american pacific borates limited

ABR set to skyrocket, page-111

First 111 Last

Share
Profile

Follow
Cooper20

272 Posts.

16

08/12/21

12:43

Post #: 58157748
Share

Originally posted by Teslaking: ↑

The $3.40 and $4.64 are based on a BA price of 750 and a 20 year mine life. Those assumptions are both 25-30% short of current values. Just accounting for that difference would take us to $5 and $7.5.

Also note some comments in the report like "The revised mine plan announced by ABR delivers potential of 2.5x available boron to the project. We have not taken the extension of mine life from this into consideration for this valuation.". So you can take those $5 and $7.5 and get to $12.5 and $18.75.

Then later in the report you have the peer comparison in the US which gives $9.18. Again based on the assumptions of BA at 750 and a 20 year mine life. So I read that as an addition 2.5x premium based on earning multipliers on the NASDAQ over the $12.5 and $18.75.

Expand

Hey Teslaking I can't work out which side you are batting on - does it depend what side of the bed you get up from in the morning ?

ABR Price at posting: $2.37 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LGM

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

PYC

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

AW1

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

GRE

Greentech finds lithium trend across 5.5 km at WA's Kobe South

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 109 more messages in this thread...

First 111 Last

Add ABR (ASX) to my watchlist

SPONSORED BY