RHI
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1.20% $5.75 red hill minerals limited

Ashburton Hub Update, page-76

  1. Heeman
    5,223 Posts.
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    21/11/23
    00:05
    Post #: 71007841
    Link to min agm late last week. 1:51:00 ish chris talks about volumes to be shipped from onslow.
    year 1 35mt
    Year 2 40mt
    Year 3.5 50mt
    Little old RHI gets 0.75% so at AUD$100 (coz I like round numbers and wanna keep it conservative) that’s $26m to $37m pa for decades

    And worthy to note that iron ore royalty play DRR trades on a 10x pe I believe. Food for thought

    RHI Price at posting: $4.43 Sentiment: Buy Disclosure: Held
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