If AYN is going to produce 1500000 ounce PA with a profit margin of $2.44 then that equates to
$3,660,000 EBITDA
Take 45% out for tax depreciation etc and you get
$2,013,000 NPAT
Then apply a P/E of 7 for mine life and you get a market cap of
$14,091,000 or a share price of .01 cent!
Now I'm not necessarily saying that it will drop down to that however they are the fundamental's.
i think this one is nearly dead ., page-7
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
