The current SP values the coal in the ground @ 14c/ton.
@ $1 a ton in-ground would value the company @ $620 mil or share price of 35.8c.
To reach that SP based on profit only with say a P/E of 10 we would have to have a NPAT of
$54 mil or 1 mil ton of coal @ net profit of $54 AUD/ton ($40 mil USD).
This is achievable, IMO, because our long term COP is sub $50/ton USD.
Based of forward fundamentals by 2022 the SP ought to be 67c AUD, IMO. ($1 billion market cap)
NB: these forward figures are IMO only. Please do your own DD before investing
The current SP values the coal in the ground @ 14c/ton. @ $1 a...
Add to My Watchlist
What is My Watchlist?