Post a 30% iron ore price rise on 1st April, 2008......YML will receive about A$68 per ton.
There cost of delivery to Port Headland will be A$35 per ton.
On an operation of 5 MTPA.......profit after tax of A$80 million PA.
MGX and PMM trading on PE's of 12.....so put YML on a 8. (market cap $800 million - enterprise value $900 ie $100 million debt.....or shareprice of $8.)
- Forums
- ASX - By Stock
- jorc out
YML
unknown
Post a 30% iron ore price rise on 1st April, 2008......YML will...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add YML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online