RHM richmond mining limited

eps, page-7

  1. 153 Posts.
    Just wondering if we can extend your reasoning further

    If the debt is say 160M at an interest rate of 10%(?) = 16M
    Depn on the capex of 160M over 10 years = 16M
    Profit before tax is therefore 87-16-16=55 less tax of 40% (assuming no tax loss carry forward) = NPAT of 33

    EPS is 33/71M = 46 cents

    what's a reasonable P/e multiple?
 
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