PDY 0.00% 0.7¢ padbury mining limited

port of newcastle sold on pe 27, page-3

  1. 11,441 Posts.
    lightbulb Created with Sketch. 579
    let do some back of the envelop numbers

    50 mln tons @ $25 per ton (price agreed by FMS) = $1250 mln

    Aurion report shows 38% profit margin on IO

    $ 1250 mln * 0.38 = $475 mln

    apply 27 PE

    valuation $ 12825 mln value on completion of the project

    Does not look ridiculous, does it ?

    $4 bln profit for Roland and $2 bln for Pdy if it went ahead.

    Would anybody else be interested ?
 
watchlist Created with Sketch. Add PDY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.