AZG 0.00% 3.6¢ allmine group limited

Zepplin,Re: Ironbark project - I think its an 11 billion pound...

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  1. 675 Posts.
    Zepplin,

    Re: Ironbark project - I think its an 11 billion pound resource - I don't think there has been an EPC quote released to the market as of yet.

    Allmine are continuing to move forward, 2012 should be a transformational year for them. They have a forecast 2012 NPAT of $16.5 million. The current diluted market cap is $38.75 mil. PE of 2.35.

    This NPAT forecast doesn't even include the impact of NFC/Arccon projects, as these projects on the whole won't impact the financials until 2013.

    Cheers
 
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