4 years is 16 quarters. At $50M cashflow its $800M FCF alternatively $1.6B at $100M. I would rather take the middle at current of $1.2B.
This is based on rundown.
However, often money brings options and with experienced team it sorts itself out.
Most problems are due to money running out and inexperienced hands having a go. I.e. paying to learn.
Contractors do it tendering too low to gain experience in other sectors, states, greater complexity projects.
Probably same goes with miners have a go at things the first time shareholders end up paying for poor design, construction or operational management.
Ann: Production Update Q3 March 2017, page-17
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SBM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.5¢ |
Change
0.010(2.99%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $429.1K | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 307388 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 409664 | 20 |
View Market Depth
| Last trade - 15.00pm 29/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
