LYC 1.30% $7.61 lynas rare earths limited

projected income and expenses , page-13

  1. 6,072 Posts.
    Sorry slight error.

    kalenn,

    If RE's drop back to $30pkg

    It means Revenue (11,130t x $30,000 per tonne) = $334m

    Expenses inc admin (11,130t x $9,000 per tonne) = $100m

    Cash Profit = $234m

    PE = $234m/1.657b shares on issue

    => 14 cents per share.

    Current share price is $1.47

    Therefore PE = $1.47/0.14

    PE = 10.5

    Correct me if my calcs are wrong. I have used your figures.
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