Back of the envelope stuff here.
$45million free cash flow per quarter = $180 million per year.
not sure how that equates to eps, or npat, but call it earnings if you will.
$180 million / 1.2 billion shares = 15 cents per share cash flow positive.
call it earnings--gives p/e of 5.2 at 78c.
the company is sitting on 250 million in cash worth 21c per share so resumption of dividend or other value adding investments are a possibility.
nickel prices looking to crack 9 bucks a lb.
someone tell me if i'm missing something here....mre is looking good!
Back of the envelope stuff here.$45million free cash flow per...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
