STTCOMP GRR FA Long
630 Mill MC @ 56cc per share approx
1.2 Bill SOI
320 mill Cash (as per March quarterly)
Debt approx 10 mill (as per half yearly)
Net Asset Backing: 62c
Earnings Per Share: 17.6c
PE Ratio: under 3
Dividend Yield 5.8%
Life of mine - Over 10 years
Catalyst:
Iron Ore Pellet price approx: $400 AUD/t
Production costs approx 110 AUD/T
Annual production: circa 2 mill tonnes
current margin : 290 per tonne
approx annual earnings at current pellet price: around current market cap!
Not advice, do your own research, i might have missed something etc etc....
Short Term Trading Weekend Lounge: 25 - 27 June, page-50
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)