So about a 26 year mine life @ current rates of production on reserves and assuming ~60% of resources eventually convert to reserves another 180 years. 200 + year mine life or potential for considerable production expansion.
Current profits of USD468 per annum (2 months @ USD78M*6) = ~AUD670M @ 0.70 USD:AUD. PE of 3:1 @ AUD2B Mkt Cap
Assume profits going forward down bit on some met coal price weakness at say AUD400M per annum (40% decline) still a PE of 5:1
Compared to other coalers (thermal + met pulled from yahoo finance) PEs:
Peabody 3.65
Coal India: 7.87
BRL: 2.79
NHC: 8.46
YAL: 8.7
WHC: 9.2 (from last reported Fin results)
TER: 27.33
SMR: 3:1 (from last 2 months performance)
SMR despite the high royalty regime stacks up pretty well (back of the envelope) on a current and forward PE basis- Potential to double price comfortably.
Divvy machine next year:
901 M Shares on issue EPS of $0.44 maybe a $0.20-$0.25 PS divvy realistic. 10% @ current price.
- Forums
- ASX - By Stock
- Ann: Half Year Results and Investor Presentation
So about a 26 year mine life @ current rates of production on...
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.10 |
Change
-0.030(0.96%) |
Mkt cap ! $2.794B |
Open | High | Low | Value | Volume |
$3.09 | $3.14 | $3.09 | $1.925M | 620.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35821 | $3.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.10 | 2656 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 35821 | 3.080 |
2 | 13315 | 3.070 |
2 | 2875 | 3.060 |
2 | 10639 | 3.050 |
1 | 1131 | 3.040 |
Price($) | Vol. | No. |
---|---|---|
3.100 | 2656 | 1 |
3.110 | 1507 | 1 |
3.120 | 4991 | 2 |
3.130 | 15878 | 4 |
3.140 | 49372 | 4 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
SMR (ASX) Chart |