I have just been reading the AGY thread and the one comment says that at their 2000ktpa production of corbonate they will have a PE of 7 once in full production.
Now the beer (or is it bear?) coaster calcs (as SF puts it) for PLS is that we are trading on a forward PE of around 4. And that ignores the cash we have at 31 December 2022.
rough calcs
production 560
Price US$6000
Cost A$1200
Conversion Us to AUD 0.7
Tax 30%
Ignore development cost and bmx auctions for now (assume more or less offsets) as not material to argumant
So Earnings 560*(6000/0.7-1200)*0.7=$2.9bn which is roughly A$1 EPS.
Why is a near term producer AGY trading at such a high premium compared to PLS?
Good News & Bad News, page-20609
-
- There are more pages in this discussion • 26,533 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.79 |
Change
-0.080(2.79%) |
Mkt cap ! $8.402B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $2.91 | $2.79 | $54.90M | 19.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 133393 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 100000 | 3 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |