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$1.66 pensana plc

Ty for the insight. Well I think Lynas is valued 20x EPS, so...

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investor1989

107 Posts.

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21/09/20

11:52

Post #: 47499994
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Originally posted by ChinaSyndrome: ↑

Hi Ski, I am tempted to try and calculate a Revenue but there are way to many unknowns to come up with any answer that would be within an acceptable degree of plausibility, as you point out the BFS is only weeks away so we will know soon enough.

But based on my estimate of US$135/t and given the stated production rate of 1.5Mtpa in the PFS at an Opex of $32/t it would suggest that there is a gross profit potential of at least US$100/t or US$150Mpa. ie pretty close to Au$1.00 per share

What is missing are the numbers for : Metallurgical Recovery (90%), Refiners discount (50%), the extra Opex ($10) to upgrade the MREC. Each of these factors could vary by +/- 20% ? So if we are being realistic, I think the EPS should be somewhere between Au$0.50c and $1.50 per share.

Probably what is more important and critical to our Share Price is what do we think the P:E ratio is going to be for Pensana ?

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Ty for the insight. Well I think Lynas is valued 20x EPS, so should be Pensana. Especially if considered, there are more then 1 project to hit the road.

PM8 Price at posting: $1.12 Sentiment: Buy Disclosure: Held
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