ASN 4.69% 6.1¢ anson resources limited

Good old fireside chat, page-10665

  1. 1,066 Posts.
    lightbulb Created with Sketch. 181
    Actually I didnot minus the cost, coz I donot know the real cost, that's why I said roughly calculation, if put costs on, say USD2, 500/per ton for Bromine, and USD 10,000/per ton for Iodine, so, 

    1. Bromine
    (4,500 - 2 500)*10,000 = USD20, 000,000 per year

    2. Iodine
    (20,500 - 10,000)*10,000 = USD105,000,000 per year

    ASN shares 500,000,000

    Roughy earnings:
    1. Bromine = 20,000,000/500,000,000 = USD0. 04

    2. Iodine = 105,000,000/500,000,000 = USD0. 21

    Industry PE = 10 times. 

    So, ASN share price for Bromine only is USD0. 4
    ASN share price for Iodine only is USD2. 1


 
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