Here are some estimations for the combined group. Will be interesting to see what comments any have on the figures. This is estimated for 2009 calendar year. Not taking into account any acquisitions, upside, expansions etc. Using the following $US metal prices: Gold - $800 oz Silver - $16 oz Copper - $7,500 Tonne Zinc - $1,800 Tonne Lead - $1,700 Tonne Nickel - $20,000 Tonne
Sepon - Laos (Oxiana) Gold - 102k oz Revenue = $81.6m Copper - 62k, 80k in 2010 Revenue = $465m silver - 145k oz Revenue = $2.3m Total $548.9m
Golden Grove - WA (Oxiana) Zinc - 135k Revenue = $243m Copper - 20k Revenue = $150m Gold - 50k oz Revenue = $40m Siver - 3 Million oz Revenue = $48m Lead - 10k Revenue = $17m Total $498m
Prominent Hill - SA (Oxiana) Copper - 117k Revenue = $877.5m Gold - 86k oz Revenue = $68.8m Siver - 390k oz Revenue = $6.2m Total $952.5m
Martabe - Indonesia (Oxiana) Gold - 200k oz Revenue = $160m Siver - 2 Million oz Revenue = $32m Total $192m not included (starting end of 2009)
Century - QLD (Zinifex) Zinc - 527k Revenue = $948.6m Lead - 44k Revenue = $74.8m Siver - 4 Million oz Revenue = $64m Total $1.087.4m
Rosebery - TAS (Zinifex) Zinc - 84k Revenue = $151.2m Copper - 2k Revenue = $15m Gold - 31k oz Revenue = $24.8m Siver - 3 Million oz Revenue = $48m Lead - 22k Revenue = $37.4m Total $276.4m
Avebury - TAS (Zinifex) Nickel - 8.5k Revenue = $170m
Dugald River - QLD (Zinifex) Production in 2011
Izok Lake - Canada (Zinifex) Production in 2014
High Lake - Canada (Zinifex) Production in 2016
Toal Revenue (excl Martabe) = $3,533.20
Oxiana achived an NPAT margin of 25%, Zinifex have higer margin 35-40%
BHP achieves about 35%
Using NPAT margins of 20%, 25%, 30% and 35%. NPAT @ 20% on $3533.2 = $706.6m NPAT @ 25% on $3533.2 = $883.3m NPAT @ 30% on $3533.2 = $1,060m NPAT @ 35% on $3533.2 = $1,236.6m
