TRO 0.00% 6.1¢ triausmin limited

proper valuation less than 25 a share, page-20

  1. 10,103 Posts.
    lightbulb Created with Sketch. 656
    re: proper valuation : i got it wrong Sorry guys, it appears I got the valuation wrong...

    When I was doing the the valuations, it appears I was using a zinc price of $1.90 a pound. Well zinc at the moment is $2.04 a pound, so you need to add another 14c profit per pound.

    So, you will need to add another $339 Million to their bottom line (1.1 Million tonnes zinc x 2200 (for pounds) x 14c).

    Yeap $339 Million!! Thats about 4 times their market cap just added to their big fat future profit margin...

    Could you guys be a darlin and sell me some more tomorrow?
 
watchlist Created with Sketch. Add TRO (ASX) to my watchlist

Currently unlisted public company.

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