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
https://hotcopper.com.au/threads/target-18-72.6972214/page-9274?post_id=74446280
See my other posts on 23 June.
I'm just a punter like everyone else.
Target $18.72, page-9757
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