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4.88%

21.5¢ aspire mining limited

yes they have already detailed modular expansion in yesterdays...

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Bomber78

10,574 Posts.

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06/04/24

14:36

Post #: 73220195
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Originally posted by Zachary1000 ↑

4Mt @US300 per year w US100 costs would suggest after tax earnings of ~AUD800 million. Call it 600 million after depreciation & other expenses.

Assuming annual loan repayment of US100 million that leaves annual earnings of 4-5 times the current market cap.

Presumably there will be a ramp up in production but I understand the 4Mt is just an interim target. There's an awful lot of resources.

FWIW I doubt the share price will explode one minute after the road is approved. There will still be scared investors all the way until there is coal being dug out of the ground. But if you keep patient and brave this could be anything.

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yes they have already detailed modular expansion in yesterdays Ann.

Chinese money won’t be scared.

look at the chart in 2011 - hit $10 on hope the mine was going ahead.

gonna bunt

AKM Price at posting: 21.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 21.5¢		Change 0.010(4.88%)		Mkt cap ! $109.1M

Open	High	Low	Value	Volume
21.0¢	21.5¢	21.0¢	$55.59K	264.7K

Buyers (Bids)

No.	Vol.	Price($)
1	9504	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	332467	2

View Market Depth

No.	Vol.	Price($)
1	9504	0.210
2	60000	0.205
2	13099	0.200
2	50256	0.195
3	28203	0.190

Price($)	Vol.	No.
0.215	332467	2
0.220	49047	2
0.225	263144	3
0.230	623438	4
0.235	300000	1

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last 21.0¢			Change 0.010 ( 2.33 %)
Open	High		Low	Volume
21.0¢	21.0¢		21.0¢	126040
Last updated 10.30am 14/05/2024 ?

AKM (ASX) Chart