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
this still sounds way off $400m for a 50% share in a 60 year...
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Last
30.0¢ |
Change
0.005(1.69%) |
Mkt cap ! $587.8M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.3¢ | $4.969M | 16.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25386 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 198648 | 1 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
30.0¢ |
Change
0.005 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 29.5¢ | 30.5¢ | 29.5¢ | 4177151 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| JMS (ASX) Chart |