FYs 19 and 20, page-11

I don’t know what hapoened with the previous post .
I just wanted to bump the thread as the last comments were back in September
The question was :

If the price was fair and even cheap in September at $2 a share ..how would it be rated now ?


And seeing as I am here I also noticed this  post from @Get lost bear on the bullish thread from July https://hotcopper.com.au/posts/34245990/single.  - even further back  -when I was looking for something  else .


Price wise - here we are again !
Meanwhile it seems to me NRW has outclassed the UBS expectations in every way ...including to good use of equipment. .. (as per FMG New Year’s Eve announcement )

I presume this means the expectation of earnings per share increasing at a compound annual rate of 20% in FYs 2019 , 2020 and 2021 is well within reach . (Especially given the guidance upgrade where it says on the comparative half year EBITDA has increased from $40.3 million to $70 million
(Which I think is around  42.5%?)  but this is not my area and I would aporeviate other views .
Cheers