Rather than being negative, why not give us your calculations please? We'd all love to have a look at your guesstimate sums of NPAT, EPS & P/E. I simply mentioned payback of loan rather than paying interest on it as required by EBITDA.
If we take the outgoings for June Qtr + the forecast outgoings for the Sept Qtr ($3.8 mil + $3.8 mil AUD) we get $7.6 mil total Multiply this by 2 to account for Dec & next Mar 2020 Qtrs we get $15.2 mil outgoings for the full year with only one harvest & say $half mil revenue from Crop Logic irrigation & surveillance systems. This, IMO, is a more realistic way of arriving at the real all-in sustainable costs rather than accepting the cash costs of $6 USD/lb without the add-ons.
What's your rationale?
This , IMO, still pans out at AISC of $14 mil AUD odd P/A goung forward.
Fundamentally the SP depends on EPS (NPAT/# of shares) X a notional PE.
CLI Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
