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1.25%

4.0¢ argosy minerals limited

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MarketingMan

5,861 Posts.

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15/08/18

12:20

Post #: 34950435
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Originally posted by wkimpton073 ↑

Using a target IIR of 25% and an assumed 18 month turn around to a 10,000tpa production at a profit of $12,000AUD/t (yes quiet conservative) with a JORC upgrade to 20 year life with a 10% increase in profit per year gives a target buyout price at 631million which is a SP of $0.69 which represents a price increase of 255%

But lets be honest, although this is likely the price that would be offered for a take over if AGY can see it through to production 2- 3 years down the track and assuming a P/E of 15 (Onspeed has a already done to numbers multiple times) we are looking at $2.00 a share and more.

So I guess to answer the question I'd wait the 3 years to get a 700% increase + dividends rather then a 255% increase by end of the year.

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Great reply.
Thank you.

AGY Price at posting: 26.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change -0.001(1.25%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
3.8¢	4.0¢	3.8¢	$129.8K	3.317M

Buyers (Bids)

No.	Vol.	Price($)
3	314387	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	637605	11

View Market Depth

No.	Vol.	Price($)
3	314387	0.039
7	1422136	0.038
17	2119431	0.037
31	4155870	0.036
27	2508452	0.035

Price($)	Vol.	No.
0.040	637605	11
0.041	825680	6
0.042	2505348	10
0.043	1765075	4
0.044	571335	5

Last trade - 12.57pm 11/10/2024 (20 minute delay)

AGY (ASX) Chart

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