It's disappointing to see the SP slide today, but here is plenty of upside to the NPV, IMHO. Once producing, a miner with long mine life should be valued conservatively at 8x EBITDA (Source: https://www.equidam.com/ebitda-multiples-trbc-industries/). An EBITDA of US$197m gives a valuation of A$2.1bn (14x from the current MC) using this metric.
Put another way, the NPV calculation applies a discount (10% in this case) to future cash flows, so $100m of revenue in Year 3 is treated as only $72m in the NPV calculation. But once the future arrives, those cash flows aren't discounted any more
Price increases and the hype associated with being in a hot sector will add even more upside.
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Last
6.2¢ |
Change
-0.001(1.59%) |
Mkt cap ! $13.51M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.2¢ | $11.57K | 183.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49195 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 87742 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49195 | 0.061 |
4 | 52183 | 0.060 |
1 | 20020 | 0.059 |
1 | 10000 | 0.058 |
1 | 45000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 87742 | 2 |
0.063 | 127579 | 2 |
0.064 | 58000 | 1 |
0.067 | 16637 | 2 |
0.070 | 314000 | 2 |
Last trade - 15.48pm 29/07/2024 (20 minute delay) ? |
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