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
35.3¢ |
Change
0.018(5.22%) |
Mkt cap ! $666.4M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 35.3¢ | 33.0¢ | $2.166M | 6.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45692 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 534291 | 21 |
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| Last trade - 12.09pm 30/05/2024 (20 minute delay) ? |
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Last
35.3¢ |
Change
0.018 ( 5.04 %) |
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| Open | High | Low | Volume | ||
| 33.5¢ | 35.3¢ | 33.5¢ | 3146963 | ||
| Last updated 12.23pm 30/05/2024 ? | |||||
| JMS (ASX) Chart |