I agree with 19 but you have to remember that it is a TMM number, Many companies publish TMM EPS because it only changes every 3 or 6 months. Current EPS is 0,34 Ignoring the decmil it is close to your over 30 number. You can divide this into SP to get PE. PE is usually TMM PE. Right now it is earnings in 2022 AR. JMO profits will be 0 ~ 15M in SAR So then TMM profits will be
2023 AR - 2023 SAR + 2024 SAR = 160~ 180 / 933 M shares = EPS of $0.19. At $6.00 a share that is a PE of 31.6. after SAR comes out. Figure out you own earning with Current NdPrO prices and the plant shut down for 13 weeks. Remember that profits and Revenue have been falling since Q3 2022 which will lower the PE the market will support. The following chart is all from Lynas numbers except Q2 and H1 2024 which are my estimates. Not a chart that supports a PE on the high side. Yes the plant will start back up but REE prices are setting new multi year lows every week so that will be a big drag on future earnings. Regardless of how much they make.
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