BCN 4.17% 2.3¢ beacon minerals limited

Some quick Calcs on the back of a coaster. I'm not exactly sure...

  1. 302 Posts.
    lightbulb Created with Sketch. 7
    Some quick Calcs on the back of a coaster. I'm not exactly sure if the method of calculation used is correct as I have never done it before. Happy to be corrected.
    Earnings: 25,000 ounces pa @ AUD $2000.00 = $50,000,000.00 total earnings by Sept Qtr 2020.
    P/E Ratio: 10 (Conservative) x $50,000,000.00 = $500,000,000.00
    Value (Fully Diluted) $500,000,000.00/3,500,000,000 (Presume all options exercised) = .143 or 14.3c per share

    By this time next year it should be at 14.3c at a P/E Ratio of 10x and stay there unless earnings are increased.
    All IMO and as always DYOR
    Regards
    Dyno
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.