Mincor Resources NL MCR
Minen & Exploration, Sitz Australien
Schwerpunkt Gold und Nickel in Australien, Afrika, Südwestpazifik
3.11.06
2,04 AUD
pe 13,60
ps 2,27
pb 5,58
divi 2,45%
52wo +223%
mkap 397,11253 mio AUD
Zitat von Alf Field
http://news.goldseek.com/AlfField/1162397100.php
No debt. Cash on hand at 30 Sept 2006 was A$69m.
Enterprise value thus A$350m-A$69m cash = A$271m.
Mine life is expected to be 7 years but new discoveries seem certain to extend this.
Strong geological exploration team. Many new exploration prospects.
Some hedging (approx 30%) in place to December 2007, but minimal thereafter.
Target production is 15,000 tons nickel in concentrate per annum, (30m lbs).
Payable nickel is 65% of nickel in concentrate, i.e. about 9,750 tons (19.5m lbs).
By-product revenue (copper and cobalt) is running at about A$18m per annum.
/Zitat
Außerdem kalkuliert Herr Field den zu erwartenden Gewinn in Relation zum Nickelpreis wie folgt, wobei Explorationsausgaben unberücksichtigt sind:
Nickel USD/lb..........EPS AUD..........P/E
10.............................0,37................4,9
15.............................0,69.................2,6
25............................1,34.................1,3
Interessant, da heute um 15% zurückgekommen im Rahmen der technischen Korrektur nach ATH an der ASX