FML 7.41% 12.5¢ focus minerals ltd

>200k X $1753 (current price) is $350,600,000 revenue - right...

  1. 12,639 Posts.
    >200k X $1753 (current price) is $350,600,000 revenue - right now?

    >200k X $2k is $400,000,000 revenue

    Pintohoo,

    No companies market cap, P/E etc is based on Gross revenue.

    It's all about the profit. Some will argue that it's all about the NPAT rather than gross profit??

    I like to base calculations off the NPAT.

    Let's just say that total costs remain at around the $950/ounce mark then on today's price the profit margin would be $819 per ounce of gold mined.

    $819 x 200,000 = $163,800,000

    Take off at least 40% for tax, royalties etc and you get

    $98,280,000 NPAT.

    x P/E of 10 = $982,800,000 market cap or 22c per share.

    Current market cap is around 259 million.



 
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