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21.0¢ terracom limited

terrorcom train :), page-56

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AstaireTDF

16 Posts.

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06/01/21

13:04

Post #: 49978328
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Originally posted by countstewart: ↑

Let me get this right.
The current sale price of coal is $81 US per ton which converts to about $99 Aussie per ton.
Terracom mining cost per ton is $59 at Blair Athol and presumably about the same or similar in
South Africa.
The projected sales for the coming 12 months are about 10m tons.
Gross profit on the mining operations over the coming 12 months will be about 10m X $40.
That's a gross profit of $400mil. The company has very little overheads. Head office is located
in a building near the mine entrance.
With figures like these there's no need for a prospectus to re - finance the loan owing.
Just pay it out of cash flow in the next 12 months.
Also what is the market cap doing sitting at about $120mil.or about four months of cash profit.
Would this indicate a PE ratio of about 0.3 of 1 - an all time record for the ASX.
Is this too good to be true?
Where have I gone wrong?

DYOR
No warranties or assurances given by Countstewart.

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If you are juxtaposing USD & AUD then your calculation is grossly incorrect. Please check the cost price and sales price in one consistent currency.

TER Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 21.0¢		Change -0.005(2.33%)		Mkt cap ! $168.2M

Open	High	Low	Value	Volume
21.5¢	22.0¢	21.0¢	$43.61K	203.7K

Buyers (Bids)

No.	Vol.	Price($)
32	660092	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	166351	10

View Market Depth

No.	Vol.	Price($)
32	660092	0.210
20	880082	0.205
32	1057517	0.200
11	437802	0.195
10	379517	0.190

Price($)	Vol.	No.
0.215	166351	10
0.220	768586	20
0.225	271996	11
0.230	118358	11
0.235	516832	9

Last trade - 13.59pm 11/07/2024 (20 minute delay)

TER (ASX) Chart