this still sounds way off
$400m for a 50% share in a 60 year mine life project already throwing off c.$100-200m a year still implies a P/CF (Price/Cashflow) ratio of 4-8x (in an era when US 30yr is offering just 3% nominal yield)
even $800m only implies 8-16x !
i'd much rather JMS keep hold of Tshipi if the valuation is less than $1bn for their share and just pass dividends straight through to shareholders
Tshipi Manganese price, page-64
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Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $715.2M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 37.0¢ | 34.0¢ | $4.321M | 12.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 13137 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 36.5¢ | 57973 | 3 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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36.5¢ |
Change
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| Open | High | Low | Volume | ||
| 35.0¢ | 36.5¢ | 34.0¢ | 3846786 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
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