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
33.0¢ |
Change
0.015(4.76%) |
Mkt cap ! $646.6M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 32.0¢ | $2.473M | 7.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 18297 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 33.5¢ | 662099 | 10 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
33.0¢ |
Change
0.015 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 33.5¢ | 32.3¢ | 3431282 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
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