Mmm, i'm a bit under that. I got 2mt @ USD52/t (blended normal price 43/61 xinfa offtake) for $138.5m gross cash. You've got a 2.3% royalty owned by some of the old gulf alumnia holders, that's on a minimum delivery of 3mt yr 1 which is $5m. Costs of production 35/t for $70m. After debt and tax, I see $50m this year rising to $100m by yr 4.
They do have $50m tax impairment that should help free cash flow that I have not modeled.
I'm curious to know anyone else's workings, getting these projections accurate goes along way to minimizing risk.
- Forums
- ASX - By Stock
- Ann: Mining Commences at Bauxite Hills
Mmm, i'm a bit under that. I got 2mt @ USD52/t (blended normal...
-
- There are more pages in this discussion • 6 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 MMI (ASX) to my watchlist
|
|||||
Last
4.7¢ |
Change
-0.002(4.08%) |
Mkt cap ! $279.1M |
Open | High | Low | Value | Volume |
4.8¢ | 5.0¢ | 4.6¢ | $822.3K | 17.04M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 435913 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 435480 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 435913 | 0.047 |
3 | 905480 | 0.046 |
5 | 564002 | 0.045 |
5 | 1182108 | 0.044 |
5 | 657390 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 435480 | 2 |
0.050 | 8090995 | 7 |
0.051 | 3304893 | 6 |
0.052 | 2908180 | 7 |
0.053 | 1640811 | 4 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
MMI (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online