jscopas
SDL aim to produce 35mtpa of iron ore
at $150/t revenue, the profit would be $2.5b per annum
divide this by 2 billions shares (whatever) and the EPS is $1 per share
share price target on PE ratio x 8 becomes $8
(note: I trust i have included my SDL calcs on the SDL thread. the above is mere guessing)
Currently analyst reports have GXY earning $50m to $65m net profit after tax per annum
if ECM can earn the same, the long term share price target on 1,100m shares, on a PE ratio x 12, is 65 cents
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jscopas SDL aim to produce 35mtpa of iron oreat $150/t revenue,...
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