@Samawatu
I humbly agree with D&C figures and I also like to keep it as simple as possible.
I have done my figures on 110k oz (updated for blue spec) x $1000 margin = 110mil less tax @30% = 77mil free cash flow (note no tax in yr 1 due to asset write off but also no depreciation factored in so this is cash flow not profit after tax).
Using D&C multiple of 7 you come out with roughly the same Val. IMHO if POG stays subdued multiple will be more like 5 but if gold gets a run on, it could be 10+ particularly if people believe LOM will be increased like I do.
Best to all.
- Forums
- ASX - By Stock
- CAI
- Ann: Proposed issue of Securities - CAI
Ann: Proposed issue of Securities - CAI, page-43
-
-
- There are more pages in this discussion • 12 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 CAI (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online