The PE for Befesa was 5.8 .
Geelong shouldnt be anymore than 5 given its contractual agreements being less than 3 years , and the life of the current plant at capacity .
The US cannot be calculated until you know what the deal is.
All that can be added on at this point in time is a premium for the current negotiational opportunity that Ben is trying to get over the line
As such I recap on my current valuation
Geelong $30m ie 6m @ 5 ( absolute max imo )
US $20m for the current opportunity Ben has
Silica $20m
Market cap $70m or .60c per share
Upsides
On the fully operational Geelong plant confirming the EBIT , I see a minimal increase in market cap as a result of the US opportunity being more likely and would add another 5c to the share price
On a US signed deal , dependant on the length and terms of the contract is the real kicker , and the potential is unknown
In addition to the current premium of $70m approx , there is scope for more , but the deal would need to be very good indeed , like 10 years , and return at least $10 m per annum Nett .
Risk reward I repeat favours the only the brave .....or if you bought them at 20c when I agree they were cheap
- Forums
- ASX - By Stock
- research & resulting questions
The PE for Befesa was 5.8 . Geelong shouldnt be anymore than 5...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VYS (ASX) to my watchlist
|
|||||
Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.2M |
Open | High | Low | Value | Volume |
40.0¢ | 40.5¢ | 39.0¢ | $144.4K | 362.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31676 | 38.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 9998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31676 | 0.385 |
8 | 21003 | 0.380 |
4 | 44161 | 0.375 |
4 | 105347 | 0.370 |
2 | 102296 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 9998 | 2 |
0.400 | 13296 | 2 |
0.405 | 12987 | 1 |
0.410 | 287552 | 1 |
0.415 | 2296 | 1 |
Last trade - 13.21pm 22/08/2024 (20 minute delay) ? |
Featured News
VYS (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online