PB
At http://www.riotinto.com/documents/180801_Rio_Tinto_2018_half_year_results.pdf one can read that RIO's “sustaining capex” in 2018 was about $1m, and in the next two years it should be in the range of $2m to $2.5m per year. I am not a greedy bloke, and I am fearful of humongous contracts, so new RIO contracts valued at about $350M per year is all I ask the Great Provider to flick to NWH for FY19, FY20 and FY21. I think we only landed Marandoo ($37M) and the ECI ($?) from RIO in FY18. For the want of a number, I sucked $100m out of my thumb for the ECI contract,but I have no basis for that number other than that the contract was deemed significant enough to warrant an Announcement, and the ECI for Oz Minerals at Carrapateena was valued at $111M. Also, I recall thinking that announcing the Marandoo contract seemed out of place as an Announcement because it was only $37M.
In the absence of a bad-news Announcement, the next significant Announcement should edge the SP close to the much-wished-for $2, IMO.
PB At...
-
- There are more pages in this discussion • 4 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 NWH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.91 |
Change
0.010(0.26%) |
Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.93 | $3.88 | $1.059M | 271.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 2615 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 20721 | 49 |
View Market Depth
| Last trade - 13.59pm 28/11/2024 (20 minute delay) ? |
| NWH (ASX) Chart |
