Target Price 118 pence (1.92 AUD) - align research, page-7

from Goldreport/Germany:

PRAIRIE MINING (A0J226, ASX: PDZ) has one of the best coke coal projects in the middle of Europe with the DEBIENSKO project! The mine life is 26 years based on the current study, and 2.6 million tonnes (about 5.50% of total consumption in Europe) can be produced at extremely low cost (47 USD) per year.
Currently, a ton costs more than 200 USD. If we calculate with USD 50 production costs, then we are talking about a margin of 150 USD per ton or 150 USD by 2.6 million tons: 390 million USD per year!
As a reminder, PRAIRIE MINING currently has a stock market value of 80 million USD. The company is thus only valued at this mine with approximately 20% of the expected annual gain!
The JAN KARSKI mine would produce semi-soft coking coal, namely 6.34 million tonnes per year! The production costs are already almost ridiculous 25 USD per ton!
Currently, one ton of this quality costs between 89 and 104 USD per ton!
If we simply calculate with 85 USD selling price at 25 USD costs, then remain 60 USD with the enterprise. At 6.34 million tonnes of annual production, we then talk about another 380 million USD profit per year!
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Conclusion:
Together, the two projects would produce around USD 770 million per year, and the company currently has a market value of USD 80 million.
Even if JSW or BOGDANKA put 150 million USD on the house table, they would make the bargain of their lives!
I am firmly convinced that these projects are going into the hands of majors, because such opportunities only take place every 10 to 15 years, if at all!
If the 0.60 AUD, then the share has 25% potential from a purely technical point of view. The longer the producers watch, the more expensive the fun becomes: