MCR 0.00% $1.39 mincor resources nl

get ready for an upswing, page-5

  1. 274 Posts.
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    i agree undervalued on any reasonable basis

    u should not take the 90m if u are using ev though - if u strip out depn & amort u should also strip out investment cash flow as largely mine related

    still gives close to 50m free cash flow pa with 100m in the bank & return to an exceptional divi for a miner

    by any valuation method i know this one should be close to twice the price

    cheers

    t
 
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