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23.0¢ aspire mining limited

Sorry. I did the calcs in the wrong order but whatever. The...

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Zachary1000

284 Posts.

135

06/04/24

12:15

Post #: 73219181
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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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Sorry. I did the calcs in the wrong order but whatever. The annual after tax earnings of this company could be several multiples of the current market cap.

AKM Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.0¢		Change 0.000(0.00%)		Mkt cap ! $116.7M

Open	High	Low	Value	Volume
23.0¢	23.0¢	22.5¢	$35.34K	154.0K

Buyers (Bids)

No.	Vol.	Price($)
1	204	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
23.0¢	1801605	6

View Market Depth

No.	Vol.	Price($)
1	204	0.225
2	101252	0.220
1	12300	0.210
2	45000	0.205
3	35599	0.200

Price($)	Vol.	No.
0.230	1801605	6
0.235	304000	2
0.245	30000	1
0.250	50000	1
0.255	10000	1

Last trade - 13.24pm 30/05/2024 (20 minute delay)

AKM (ASX) Chart

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