PE - 4.5 . Future yield 12% EV at 1.2x free cash flow Find me a better stock

  1. 20,964 Posts.
    lightbulb Created with Sketch. 2194
    Guys and Gals
    I can’t stop myself buying. I need therapy lol
    In a low yield , volatile world its seem to be a standout to hold both for safety , yield and upside
    Picked up a few more today at 17c
    forward PE 4.3 X
    yield 12%
    Huge cash flow generation
    DCF 31 c assuming Lower Zircon prices
    DCF 35c on spot
    DCF 38c one year extra reserves lower Zircon price
    DCF 45c two years extra reserves lower Zircon price

    ima continues to acquire land around the area so reserve additions will come. May cost 5-10 m in exploration expenditure to add 1-2 years reserves . Small cost based on cash flow to be made

    has to rerate - should be trading at 24-25c minimum

    low risk , very high probability 50 % in 2 years ( 24% yield 26% SP growth ( 22.5c SP)
    low risk, high probability 75% return ( 24% yield SP 27c )
    low risk, medium probability 100% return ( 24% yield 32 c SP)

    the above is based on closing price . In my case and I am sure many others , the numbers are even better with lower entry price
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.2¢
Change
-0.002(2.70%)
Mkt cap ! $80.31M
Open High Low Value Volume
7.6¢ 7.6¢ 7.1¢ $54.03K 727.9K

Buyers (Bids)

No. Vol. Price($)
1 63931 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 96799 1
View Market Depth
Last trade - 15.30pm 12/09/2025 (20 minute delay) ?
IMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.