IDA

2.08%

9.4¢ indiana resources limited

A quick reply Kiwi - regarding the 1.7c remaining assets...

First 3 Last

Share
Profile

Follow
Aquanaut

1,275 Posts.

329

02/08/24

11:36

Post #: 75042405
Share
Originally posted by ValueKiwi ↑

Hey everyone,
Wow, I thought I'd get at least a little bit of feedback on my detailed analysis of the IDA settlement! I mean, come on, it's not every day you get an opportunity to discuss something that could actually make you some money!

I get it, if I had posted some juicy gossip about the Chairwoman's personal life, this board would be on fire right now with over 100 comments. But here I am, sharing a well-thought-out valuation that could benefit your portfolios, and it's crickets.

So, what's the deal? Are we here to make money or just to whinge about management all day? If you have any thoughts, questions, or even disagreements with my analysis, I'd love to hear them. Let's get some debate going!

For those who missed it, here’s a quick recap:

Valuation Range: 12.2cps - 16.6cps.

Distribution Discussion: Best case, we get a larger proportion based on sunk costs.

Tax Implications: No tax on the first $82m, and sufficient tax credits to cover the rest.

Capital Return: 10.5c to 15c back as cash over the next 3-7 months.

Remaining Assets: ~$1.7c per share value in existing assets and $10m cash for exploration (& I had suspected this was one area people would complain I was being overly conservative in my valuation assumptions!)

I’ve got a spreadsheet with all my calculations. Feel free to play around with it and share your own assumptions:Spreadsheet Link

Looking forward to some real discussion and feedback!

Cheers,
VK.

Expand

A quick reply Kiwi - regarding the 1.7c remaining assets (excluding the $10m projected cash at bank) I do think is a little low as the price of gold is so friggin" strong and looks to move even higher. With all the focus on awards , settlements etc it's been easy to forget how much additional value this adds to the likes of Minos and the Gawler Graton gold and REE assets in general

imo
dyor
IDA Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

As Nvidia cools, we're looking to Aussie AI

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

There are more pages in this discussion • 4 more messages in this thread...

First 3 Last

Add IDA (ASX) to my watchlist

(20min delay)
Last 9.4¢		Change -0.002(2.08%)		Mkt cap ! $59.63M

Open	High	Low	Value	Volume
9.4¢	9.4¢	9.3¢	$73.39K	785.4K

Buyers (Bids)

No.	Vol.	Price($)
3	190000	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	11133	1

View Market Depth

No.	Vol.	Price($)
2	160000	0.091
3	361008	0.090
2	502539	0.089
1	361842	0.088
1	200000	0.087

Price($)	Vol.	No.
0.094	11133	1
0.096	90810	3
0.097	151956	1
0.098	370957	2
0.100	613333	2

Last trade - 16.10pm 06/09/2024 (20 minute delay)

IDA (ASX) Chart

A quick reply Kiwi - regarding the 1.7c remaining assets...

Shekel Brainweigh investor presentation webinar – the future of retail automation

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Red Mountain Mining: record gold prices, two projects, two greenstone belts

As Nvidia cools, we're looking to Aussie AI

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

A quick reply Kiwi - regarding the 1.7c remaining assets...

Top Stories

Shekel Brainweigh investor presentation webinar – the future of retail automation

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Red Mountain Mining: record gold prices, two projects, two greenstone belts

As Nvidia cools, we're looking to Aussie AI

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News