@stevenjdNoted: DRX has now been included, and a couple more evaluation metrics have been added notably "
CapitalIntensity" and
"MktCap/Resource". Please read the notes for additional explanation of those metrics.
Firstly, project metrics/values
Followed by Financial metrics:
and a few notes for explanation:NOTES:
(1) DRX - Mineral sand resource notincluded in MktCap/Resource calculation as there is no direct conversionbetween the two sand types.
(2) "Capital Intensity" is $CAPEX spent for each $ ofEBITDA - Lower values are better
(3)"Mkt Cap/Resource"is an indication of how undervalued the company is given a JORC resourceprofile. Lower values indicate higher potential upside.
Note though that "Mkt Cap/Resource" can be misleading as we are calculating a dollar value per resource tonnage. Examining it this made assumes that all resources are equal - that is never the case. For example, MLM and DRX have higher SiO2 values than PEC, even though PEC is more undervalued resource-for-resource than DRX.
(4) Ignore CRB financial metrics, I was just playing around with some values to what it could potential be worth.
So, any further help in this regard would be welcomes and I'm sure will benefit all.
