GXY 0.00% $5.28 galaxy resources limited

With very limited info available on GXY's profit margin here's...

  1. 22,945 Posts.
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    With very limited info available on GXY's profit margin here's my guess on share price:-

    Assuming that GXY produces 17000 tons Lithium @ $5500 per ton p/a:-

    That's 17000 x $5,500 = $93.5 mil revenue
    @ say 50% profit
    = $46.75 mil profit divided by 191 mil (no of shares)
    = 24.48 cents per share profit
    or $2.448 per share @ p/e 10
    or $3.67 per share @ p/e 15

    Has anyone out there got an alternative estimate/guess?

    Cheers
    Moorookamick
 
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