HXG 0.00% 2.2¢ hexagon energy materials limited

The way I see it, page-2

  1. 104 Posts.
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    I thought MIN were producing 100k tons and half was ours - could somebody clarify.
    My back of envelope has 10kt of our 50kt converting to 99.999% at 50% waste so to sell we have 40kt 96% at $1000 margin and 5kt 99.999% at $5,000 margin. This gives $65m EBIT over 315m shares on a no growth PE of 10 is $2.06.
 
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