indo mines - cashcow, page-2

Hello Australia, hello Hotcopper-Community!

When i look to the click rate of various postings, i ve the impression, that the Hotcopper-Community isn t aware of the huge potential of Indo Mines.

Let me make a konservative calculation in regarding to the price target of Indo Mines.
For the Pig Iron Szenario, i use the following parameters:
Given by Indo Mines Scoping Study: Operating cost of US$149 per tonne, production of 1 million tonnes per annum, sales at US$300 per tonne for pig iron, although the current pig iron prices are much higher:



however, i will take for the konservative calculation sales at 300 US-$ /t. pig iron.

I almost doubles the number of shares to 400 Mio. and reduce the operating profit by 50% for taxes, interest charges, depreciation and amortization.

Sales @ 300 US$/t. Pig Iron
- Operating Costs 149 US$/t. Pig Iron
= operating profit 151 US$/t. Pig Iron
x 1 million tonnes per annum production
= 151,000,000 US$/t. operating profit per annum
- 75,500,000 US$ taxes, interest charges, depreciation and amortization.
= 75,500,000 US$ profit after tax.
divided by 400,000,000 Shares
= 0,188 profit/share
x Price/Earnings-Ratio of 10
= 1,88 US$ Price Target.

take current pig iron prices ~500 US$/pig iron and your eyes will falling out. So, please sit down first...

if you find translation errors, you can keep them. Greetings from germany!