UNV 0.00% 16.0¢ universal coal plc

Free cash flow

  1. 932 Posts.
    lightbulb Created with Sketch. 1
    So we made 4.5 million free cash in the last quarter

    Nearly all that from one operation

    Let's call it 16 million annually (each we spent it on development and interest)

    With a 20 buck margin on the export off take that's another 13 million

    Let's say the eskom from roodekop gives us 8 million more

    That's over 35 million free cash per annum that will be getting churned out 6 months from now.

    And an investor can just ride that for 15 years with current assets. Do nothing else.

    It's not bad really. Just gonna be 6 months before they drop that divi cheque in the mail
 
watchlist Created with Sketch. Add UNV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.