that must come from taylor collison as I think they're the only ones covering the stock.
so they're expecting ebitda of 4.8mil on revenue of 65mil.
Given the EV is 19mil and I reckon their block up in prospect is due for a reval, but conservatively worth 7mil on the book, the value of the rest of the business is about 12mil, and it looks like its producing fcf of almost 5mil/year one year removed from a cyclically bad year. Seems like we've got a bit of a cushion, and the short to medium term looks pretty rosy. Those wanting to play the east coast infrastructure boom and the mining capex resurgence, are yet to stumble on this one, but I have a feeling they will over the next 6 months.
KOV Price at posting:
$2.32 Sentiment: Buy Disclosure: Held
