Hi mate , nope you have not missed a rough NPV , well not one stated by the company anyway , and this is in my opinion why MGU have not taken off yet .
The company need to announce some figures on how much they plan to produce and what the profit per tone will be , and so on .
Theres been a few really good posts on here that have speculated on some figures but unfortunately nothing form management .
But for arguments sake assume they can produce 500k tones a year with Pig Iron at $600 per tone with a profit of $200 or $250 per tone and throw in a modest P/E of 6 (based on other producers ) and the numbers look pretty good .
Now we know the price of pig iron has been rising so im lowballing ,, i think Fast Markets has Pig Iron at around $900 per tone currently .
Lots of upside in my opinion but the market still not aware of the potential .
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Hi mate , nope you have not missed a rough NPV , well not one...
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1.4¢ |
Change
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Mkt cap ! $10.52M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $496 | 37.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55553 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 924773 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64289 | 0.013 |
17 | 2124498 | 0.012 |
5 | 1177100 | 0.011 |
4 | 451000 | 0.010 |
1 | 1500000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 932344 | 5 |
0.015 | 267388 | 2 |
0.016 | 1518044 | 4 |
0.017 | 168000 | 2 |
0.018 | 218875 | 1 |
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