GBG 0.00% 2.9¢ gindalbie metals ltd

I have been trying to do this calc as well.I am happy for anyone...

  1. 79 Posts.
    I have been trying to do this calc as well.

    I am happy for anyone to correct my numbers.

    16Mt x $188 per ton = 3 billion

    Production cost of $90 per ton (absolute guess but well above DSO)

    16Mt X $98 per ton = 1.568 billion

    Half goes to Anstell = $784m

    Lets say we end up with 1.2bn shares so PE is 65 cents per share

    Multiply this by your number:
    FMG = 11.38
    RIO = 9.3
    BHP 10.3
    AGO = 15.3

    cheers
    Surly
 
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