NMT 2.67% 7.3¢ neometals ltd

MIN annual report Mt Marion contribution, page-5

  1. bri
    572 Posts.
    lightbulb Created with Sketch. 18
    Pretty Bloody Good by my reckoning
    113.574 mill in AUD Revenue for full 2018 financial year 13.8% share
    EBITDA 50.094 million AUD For full 2018 financial year 13.8% share
    Based on aprox 535 million shares ??? after buy back is finished that is profit of 0.0936 cents per share @ PE of only 8 ignoring all other assets and cash this stock should be at 75 cents per share. I know the buy back is affecting the price however this in ridiculous
    Whether we will see our 17.23 % of profit for 2017 fy flow through or if its gone to our share of 6% upgrade of plant we will have to wait to see!
    We definitely need a quick finish to buy back and I don't think we are going to see it once every one does their sums
 
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