Australia's largest stock trading and investment forum Australia's #1 stock forum

HVY

Click for more information

2.50%

8.2¢ heavy minerals limited

Crystal Ball Gazing, page-3

First 3 Last

Share
Profile

Follow
Stickshift

7,321 Posts.

1902

10/07/24

18:43

Post #: 74696327
Share

Originally posted by Speos: ↑

Using a price of AUD 700 per ton of garnets in the scoping study (now around AUD 800 per ton) and AUD 640 for ilmenite, HVY expects a total revenue of AUD 1.7 billion over 16 years. And if there is a resource upgrade, then HVY would be extending this to at least 20 years.

At the scoping study prices, HVY projects an annual revenue of AUD 90 million with a 35% profit margin, resulting in AUD 31.5 million in annual profits for 20 years. These figures are based on 2022 prices, which are expected to rise, extending the mine's lifespan as the resource base grows.

With AUD 31.5 million in annual profits over 20 years and 62 million shares, the post-tax profit per share could be around AUD 24 million, or 38 cents per share.

At a 5-10x PE valuation, HVY’s share price could reach A$ 2- 3.8 in the next 2-3 years.

Expand

How does a company with a $5m MC get $100m to build a fancy sand mine?

HVY is far more likely to be in administration before it ever sees a profit IMO.

Last edited by Stickshift: Yesterday, 18:44

HVY Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
Upvote

1 Great analysis

Reply

Top Stories

GRE

Greentech finds lithium trend across 5.5 km at WA's Kobe South

AW1

American West does it again at Storm with visually identified thick copper hits at Cyclone, Lightning Ridge

PYC

PYC commences new study on drug for eye condition Retinitis Pigmentosa type 11

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

LGM

Legacy shares jump on discovery of multiple epithermal veins at Bauloora JV

There are more pages in this discussion • 5 more messages in this thread...

First 3 Last

Add HVY (ASX) to my watchlist

(20min delay)
Last 8.2¢		Change 0.002(2.50%)		Mkt cap ! $5.163M

Open	High	Low	Value	Volume
8.1¢	8.3¢	8.1¢	$24.39K	297.2K

Buyers (Bids)

No.	Vol.	Price($)
3	19500	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	50000	1

View Market Depth

No.	Vol.	Price($)
3	19500	0.080
2	101847	0.077
1	6644	0.076
1	6756	0.074
2	26888	0.072

Price($)	Vol.	No.
0.085	50000	1
0.089	39999	1
0.090	37765	1
0.092	14000	1
0.097	38090	1

Last trade - 13.35pm 10/07/2024 (20 minute delay)

HVY (ASX) Chart

SPONSORED BY