Not sure what you're trying to calculate...
Base case of only 85Mt (not the entire 315Mt or more) at higher prices is USD$785m over 10 years. Combined with 60% ownership and assuming the mine scales linearly, its around 1.7B USD over (27 years?). That's almost 10x the current Mcap.
This doesn't even take into account any processing plants / vertical integration (which if would they shouldn't have any issues funding). Which is clearly the play given the recent purchase.
No EBITDA Multiple factored either.
Not sure what you're trying to calculate... Base case of only...
Add IXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
-0.001(3.70%) |
Mkt cap ! $67.63M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $38.62K | 2.761M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3134363 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 9351688 | 26 |
View Market Depth
| Last trade - 12.27pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.4¢ |
Change
-0.001 ( 3.85 %) |
||||
| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.3¢ | 762221 | ||
| Last updated 12.16pm 15/05/2024 ? | |||||
| IXR (ASX) Chart |