Australia's largest stock trading and investment forum Australia's #1 stock forum

RES

Click for more information

0.00%

$4.61 resource generation limited

Ann: Execution of construction and CHPP operations contracts, page-45

First 45 Last

Share
Profile

Follow
drs

1,110 Posts.

11

03/08/18

12:19

Post #: 34706920
Share

Originally posted by goggledog ↑

For a very basic comparison, have a look at WHC. Annual saleable coal of 20.9Mt with a current MC of approx $5.5B. RES are targeting 6Mt p/a during stage 1 production. Assuming coal prices remain steady (for arguments sake), RES equivalent market cap would be around $1.5B or approx $2.50 p/s. Production is a long way off though, so best not get ahead of ourselves.

On finance approval, I'm thinking MC anywhere up to $500M or approx $1.00 p/s. At that point the project is de-risked to the point where insto funds would look at buying provided coal still fit their investment criteria.

All IM-amateur-O of course.

Expand

Thats my calculations aswell. I have placed a "South Africa discount" on it of 50% when comparing to an Aussie producer but thats still around 50c on finance. There is no reason why we can be an 8 bagger from here. Its not actually that much. All speculation though.

RES Price at posting: 6.2¢ Sentiment: Hold Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

TYX

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

First 45 Last

Add RES (ASX) to my watchlist

SPONSORED BY