Chelks, It COULD be possible...
Just a VERY VERY rough calculation:
1.6M x ($120 - $50) x 75% = $84M
Qtr production x (Possible IO price less costs) x 75% share
$84M - $48M = $36M
Then take away debt repaymnet
$36M + $99.8M = $135.8M
Now add on March Cash
I am probably wrong somewhere but whichever way you look at it, it looks good.
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Last
22.0¢ |
Change
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Mkt cap ! $634.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $1.106M | 4.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 176953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 40304 | 1 |
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