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23.0¢ terracom limited

thanks HillyS allowing value your commitments and feedback. (A...

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w1londongroup

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24/01/22

11:59

Post #: 59086640
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Originally posted by hilly_sandman: ↑

I think >US$50M is definitely achievable Jan-June 2022 in repayment, which would take us to less than US$100M of debt... I also think less than US$100M debt could be a nice trigger point for a refinance, but I have been wrong in the past.

Until refinance is sorted, thus giving the company an avenue to use retained earnings for distribution or for acquisition, I do not think we will see a sustained lift in SP. However, given the current futures market for coal and the quick debt repayment currently anything could happen.

I retain 3x EBITDA multiple is not unreasonable for a miner, but this multiple needs to be a realistic price assumption, not the current A$25M/month EBITDA... But yes, A$450M market cap would not be unreasonable for a company with A$150M EBITDA (TER did A$126M EBITDA in last 6 months).

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thanks HillyS allowing value your commitments and feedback. (A little bird) told me that they are in super shape to drop below $100m

TER Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.0¢		Change 0.000(0.00%)		Mkt cap ! $184.2M

Open	High	Low	Value	Volume
23.0¢	23.5¢	23.0¢	$181.0K	780.2K

Buyers (Bids)

No.	Vol.	Price($)
25	823313	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	715314	12

View Market Depth

No.	Vol.	Price($)
25	823313	0.230
23	596898	0.225
22	1344210	0.220
1	3000	0.215
9	160255	0.210

Price($)	Vol.	No.
0.240	715314	12
0.245	456359	11
0.250	221797	7
0.255	137617	5
0.260	311511	5

Last trade - 16.10pm 15/05/2024 (20 minute delay)


Last 23.3¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
23.0¢	23.5¢		23.0¢	136754
Last updated 15.54pm 15/05/2024 ?

TER (ASX) Chart

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