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
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $656.6M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.0¢ | $5.300M | 15.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 243589 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 51022 | 3 |
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| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
34.0¢ |
Change
0.005 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 33.5¢ | 34.5¢ | 33.0¢ | 5573293 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| JMS (ASX) Chart |