TM1 1.72% 5.7¢ terra metals limited

NPV of $850m (per management) would imply $2.50+ per share (at...

  1. 4,921 Posts.
    lightbulb Created with Sketch. 213
    NPV of $850m (per management) would imply $2.50+ per share (at “bottom of the cycle” prices too)

    Admit there is execution risk but 12 months out from production and fixed price contracts in place would suggest Macquarie are using quite conservative assumptions. Each to their own I guess. Management just need to get some runs on the board. While I don’t envisage $2.50 in 12 months time I think some of the other broker targets around $1.00 to $1.20 are more on the mark.
 
watchlist Created with Sketch. Add TM1 (ASX) to my watchlist
(20min delay)
Last
5.7¢
Change
-0.001(1.72%)
Mkt cap ! $20.76M
Open High Low Value Volume
5.8¢ 5.9¢ 5.6¢ $65.95K 1.151M

Buyers (Bids)

No. Vol. Price($)
1 2326 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 170137 1
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
TM1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.