IBG 33.3% 0.4¢ ironbark zinc ltd

IBG SP / VALUATION THOUGHTS, page-277

  1. 1,827 Posts.
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    I should have used a calculation to illustrate but was too lazy to go to the DFS for actual $$ for the asset and I am not an analyst
    but put it another way in very simple $$ terms:

    The current MC is $54M at $0.043 per share
    if an asset sale generated ONLY $150 M that equates to $0.12 per share

    If they sold it for $200M = $0.16 per share
    If they sold it for $250M = $0.20 per share

    I would not mind $0.20 per share as a fall back option

    The post- tax free cash flow of the project is nearly $1.5 Billion- so $250 M would be a steal

    If someone is good with figures can they estimate what an asset sale could generate- thanks in advance

    IMO DYOR

 
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