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

Thats my calculations aswell. I have placed a "South Africa...

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

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

IMA

Issues emerging as Australian companies tackle critical minerals challenge

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

There are more pages in this discussion • 29 more messages in this thread...

First 45 Last

Add RES (ASX) to my watchlist