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$1.90 kidman resources limited

many if not most companies have debt and pay a dividend. There...

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gasmanau

259 Posts.

59

13/02/19

12:31

Post #: 37422519
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Originally posted by Nige456: ↑

Think its fully valued for now. Market cap for 50% of 1 project is $576M AUD. Add in debt required and other extra costs is $540M AUD for their share.

EV = debt+equity = $1.1BN AUD which is close to the NPV USD $1.1BN provided(which assumes flat pricing of around $15K and no declines in price)

Remember they have to pay back the debt first, in order to pay a dividend.

Theres a wall of lithium spod supply coming post 2020(PLS, AJM and GXY, and others).

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many if not most companies have debt and pay a dividend. There are plenty of financial instruments they can use to spread the debt over many years.

KDR Price at posting: $1.38 Sentiment: Hold Disclosure: Held
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0 Great analysis

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