If they really believe the AISC will be less than $1,100 then SPR should be producing $200m is free cash flow at around current POG (ie AIC of $1,500 which is high compared to AISC) at an annual production of 100k Oz pa and $300m at 150k Oz pa. That is a cash flow yield of 23% and 35% which makes the current SP very cheap.
To have a price target of only 90c must mean they have included a very high risk factor.
If they really believe the AISC will be less than $1,100 then...
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Last
$2.13 |
Change
0.000(0.00%) |
Mkt cap ! $2.847B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| SPR (ASX) Chart |
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