Ho George, What do you think a fair takeover price would look...

Ho George,
What do you think a fair takeover price would look like?
The biggies seem to be averaged-in at 10c or so.
The CR before the last was at 16.5c
The NPV for the lot is about 66c.

Once the wash plant is in situ & the port cranked-up to 2 mil t/p/a we should see a NPAT of at least
$100 mil AUD, provided that the ass does not fall out of the price of coal.

A P/E of say 6 would skyrocket the SP to about 33c.

IMO, 16.5c would be a "give-me"