EAR 0.75% 33.3¢ echo resources limited

Ann: Bankable Feasibility Study Update, page-41

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,587 Posts.
    lightbulb Created with Sketch. 87
    Using your NPV, I extrapolate the following target SP:

    NPV / Mine Life = Profit p.a.
    (FCF / SOI) = EPS
    EPS * P/E 10 = target share price

    165M / 8yr = $20.7M p.a.
    $20.7M / 489M = 0.042
    0.042 * 10 = 0.42c

    That look right?

    Silly question - does an NPV take into account tax (did yours?)?

    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

    My back of the napkin valuation back in Feb looked like this:
    https://hotcopper.com.au/threads/go....4055440/page-2?post_id=31474876#.Wz7f6aczYuU



    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    1   Free cashflow per annum Earnings after tax (30% corporate rate) Shares on issue Earnings per share Price to earnings multplier (9)
    2   A$M A$M M $ $
    3 EAR 60 42 489 0.09 0.69
    Last edited by DonaldFrump: 06/07/18
 
watchlist Created with Sketch. Add EAR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.