WR1 1.33% 74.0¢ winsome resources limited

8 times EBITDA might be a bit generous, PLS was only getting...

  1. 30 Posts.
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    8 times EBITDA might be a bit generous, PLS was only getting about 7 to 8 x NPAT when it was over $5.00 last year. Having said that, I think WR1 would be aiming for a 5 mtpa operation rather than 2.5 mtpa if it had a 100 million+ tonne resource. Can't really think of a resource that size that isn't e.g. LTR, LLL, Earl Grey-Wesfarmers-SQM. Even LRS is planning 3.6 mtpa.
 
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