SIR 0.00% $2.52 sirius resources nl

TeTeTe i agree with you the stock is "over valued" - simple...

  1. 3,607 Posts.
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    TeTeTe

    i agree with you the stock is "over valued" - simple crosscomparison to WSA

    WSA ($4.16)
    FPO = 232.3
    Mk Cap = 966.4m
    Net Cash =45m
    EV=921m

    approx 25k prod, at cash C1 of 2.50/lb

    SIR (2.50)
    FPO = 411.5m
    Mk Cap = 1028
    cash = 252m
    EV - 776m
    capex - 473m
    Forward EV = 1250m
    prod - similar profile to WSA (26k)

    And at least 1 year from 1st production ......so - circa 30% more expensive that WSA ......

    "perhaps" justifyable for "new province" ?????

    can i ask - what metrics you used for <50c plse

    rgds
    Value_Hunter
 
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