Does anybody know the profit (or loss) & op cash flow levels Zinifex would be at if zinc stays at these levels.
I will do some analysis over the weekend however would appreciate if someone has the numbers.
When the deal was announced they said the group would have opertaing cashflow of $1.3Billion a year when PH comes on line.
At a current $6B market cap less say $1B in net cash OXR is valued at $5B which equates to 3.8 years cashflow.
This is incredibly cheap. Takeover would normally be at 8 x plus up to 10 -12 times. ie minumin double.
I am trying to calculate what the net cashflow would be now at current zinc prices. Perhaps $200M less? Even so still incredibly cheap.
- Forums
- ASX - By Stock
- OXR
- zinifex profitabilityat these zinc prices
OXR
oxiana limited
zinifex profitabilityat these zinc prices
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OXR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online