AZL 11.1% 2.0¢ arizona lithium limited

Wangi,Fangi ,KookE and other believers ,Is $240 million Profit...

  1. 291 Posts.
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    Wangi,Fangi ,KookE and other believers ,
    Is $240 million Profit from an emerging anthracite producer capped at $120 million with only 400 million shares on issue with no Rail,Power or Port issues any good? [ 4 million tonnes x $60 profit per tonne PER ANNUM ]
    In my reckoning, using other coal companies as a template, this little hum dinger should be trading at a PE of 3 or 4 in 12 to 18 months time not 0.4[prospective] as it is now.
    To my reckoning that should equate to a price per share of $1.65 to $ 2.20 in 12 to 18 months time . I have not considered further drilling results from the rest of the 55000 hectares of coal endowered country ,central,northern and whatever else these astute business men secure .
    ANY THOUGHTS?
    Cheers Chooky


 
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