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

QIN

Click for more information

0.00%

29.5¢ quintis ltd

I think we will soon find out whether the USD$2,800/kg of oil is...

First 13 Last

Share
Profile

Follow
ASXcowboy

6,282 Posts.

520

14/11/17

21:28

Post #: 28790783
Share

Originally posted by hottuna ↑

ah here's the money shot.

View attachment 828335

They've upped the discount rate by 3%, increased the harvesting costs, reduced the yield per tree from 19.6kg to 14.6kg (still north of reality), and reduced the oil content from 3.7% to 3.2%.

The yield and oil content reductions account for a reduction in the biological assets of 36% - I'd previously assumed they'd changed the pricing assumption. They haven't! They've wiped 36% from the value of their assets due to more realistic silvicultural outcomes.

Which still leaves the expected price at USD2800/kg of oil - which they stand zero chance of realising. Updating that to anything more realistic leaves QIN with negative asset value.

Clever old Glaucus.

Expand

I think we will soon find out whether the USD$2,800/kg of oil is realistic. They surely won't recap this without new sales contracts in place.

They've pretty much pulled all the skeletons out and still they've maintained the price of the oil. Seems Glaucus and HT are the only ones that think otherwise.

QIN Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

IMA

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

There are more pages in this discussion • 12 more messages in this thread...

First 13 Last

Add QIN (ASX) to my watchlist