Hi gryphon02 It's borano, not bornano. LOL. All good As discussed in my last post, not that easy. Can do it by EPS to get a PE ratio, Net Asset backing. Many ways to value a business. Need to factor in future prices, it goes on an on.
I like the fact that they have transitioned via the purchase of Daunia and Blackwater to be effecticely a metallurgical company. It's a good diversification at 70/30 met/thermal. I get help from @hagetaka who shared the excel formula to calculate Qld royalties for Daunia and Blackwater
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