| | | Antilizzie, I was trying to show what I believe is a base case for the PFS and the share prices I mentioned were trading values that the market should give Zenyatta at that time, not a buyout value. However, since you say:
I was always looking at earnings per share, cash flow, or dividend yield to value what I thought shares should be worth. So I am doing that with Zenyatta. Let's look at it that way using 66,265 tons sold at $15k USD per ton and a cost of $1500 per ton which is probably some here believe reasonable. Using those numbers I get earnings of $895M USD. Using 150M shares out, that gives us earnings per share of $6USD per shares. If Corporate taxes equal exchange rate than we net out $6CAN per share which should mostly go as a dividend but let's say we have $5CAN in dividend. At a 5% yield, that gives us a share price of $100 per share.
Is this what you were thinking of with your post?
For those interested, using those numbers gives us an NPV of $8B and an IRR of 74%.
These numbers are just for playing around so treat them as such.
G. |
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