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clock Created with Sketch. 15/01/19
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Originally posted by phuket guy:
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This is just a rough indicator I use: If it helps me to think of it this way- Very very roughly according to my own (non-professional -and conservative calcs)55,000 a ton - theyd make 5,000 a ton x 3,800 = 19 mill at 5x PE = USD 95 mill cap =AUD 135 mill = 16 cents a share. 65,000 they make 15,000pt = 57 millpa x5 PE valuation = USD 285 mill cap = AUD 407 mill = 50 cents a share 75,000 they make 25,000pt = 96 mill pa = 480 mill cap= AUD 685 mill = 85 cents a share 85,000 they make 35,000pt = 133 mill pa = 665, mill cap =AUD 950 mill = 1.18 per share 95,000 they make 45,000 =171 mill Pa =855 mill cap.= AUD 1,221 mill = 1.50 per share.
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Hey PG. Where's the $44k USD per tonne coming from? Infomine is stating around that price but their graphs don't really align with what Sherritt reports on the 7th of each month. Based on Sherritt data the average Fastmarkets MB price over 3 month period to 7th Jan was USD $32/lb or $70k USD per tonne. Infomine hasn't shown pricing that high since July 18.
What numbers can be trusted for decent volume of processed cobalt?
https://www.sherritt.com/English/Investor-Relations/News-Releases/News-Release-Details/2019/Sherritt-Publishes-Cobalt-Reference-Price-and-Warrant-Conversion-Ratio-for-January-2019/default.aspx
(20min delay)
