I am not sure if we need to time the life of mining in the sp estimation. I used to multiply the PE ratio of 5 or 6 conservatively for the estimation instead. Also maybe need to count EMITDA (instead of gross sales too?
So I borrowed your calculation herein if you are okay. $24k x 30,000 x30% EMITDA x PE of 5-6 / 1.3b SOI = 83c to 1. My cal could be wrong as I am not expert in finance.
And personally, I think the stock market is more emotional. when the macro turns and participants are positive, it can go beyond 1 easily. At current stage, I would be more than happy to see our sp back to 30c range in near term.
This is not financial advice. DYOR and GLTAH.
Ann: Major Mineral Resource Upgrade at Paradox Lithium Project, page-62
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.015(12.5%) |
Mkt cap ! $135.5M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 10.5¢ | $853.8K | 8.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 2655620 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 325000 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |