ADD the value of the royalty fee
EARNINGS
500,000T x $us900/Tx 1.5% at say 62c conversion US to AUD = earnings say $AUD10m ( seems high- did i do this correctly)
Deterra Royalties is trading at a PE of 14
EStimated value at different PEs as below
|
Column 1 |
Column 2 |
0 |
5 |
54,435,484 |
1 |
7 |
76,209,677 |
2 |
10 |
108,870,968 |
add another $10-20m for FFX 17.6% holding = 1 to 2cents
ADD the figure calculated by Dazaliam above of 8.8cents
maybe a total est value of 10-11cents per FFX share assuming my calculations are reasonable. Feel free to adjust