AEV 0.00% 0.9¢ avenira limited

very positive brr, page-11

  1. 3,851 Posts.
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    = $A600/t FOB.

    And this is for 2009 contracts.

    As far as MAK is concerned at 2mtpa and opex $A150/t this would give a cash margin of $A450/t, less 20% royalties, say $10M admin and 30% tax, say NPAT $A500M.

    @PE4 = MC $2B/say 120M FPO's = $16.66/share.

    Even if you half that and say $8/share......

    I just hope that the $USD price of RP goes up to match the expected tanking of the $USD sometime soon, to maintain the $AUD price of RP.

    The lack of required CAPEX is just what the doctor ordered in this current risk-averse global financial climate.
 
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