but re-fully priced , RMS holders have been complaining exactly the opposite ....that cashflow isn't fully reflected in the SP .....and certainly isn't since yesterdays drop Operational cash flow for RMS last quarter was $144mill with free cashflow of $125 mill . Anyualising the latter comes to $500mill pa and we can expect something like or close for the next two years . Free cashflow isn't profit of course ...mayvbe guess two thirds and you end up with a PE of about 7 .
When Penny ore runs out MGV ore takes over +Eridanus + open cuts at MM.
I think it's WGX presently overpriced as people expect the premium .....if RMS backed away WGX price would drop 10% .
Just whether or not this is a good deal is silly to argue at present .....because there is no deal visible ....and the devil is in the detail so I do react to some of the silly* things said by posters that should know better ......and shouldn't be rejecting out of hand
*and the comments about lack of RMS growth were just plain wrong
WGX Price at posting:
$2.26 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)