Red Hill Minerals Limited

ASX:RHI

Red Hill Minerals Limited

ASX:RHI
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$4.35 (+1.2%)
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#467
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Pinned straw:
edgescape
Last edited 5 months ago

Updating the valuation after announcement of the $1.50 special dividend.

As an extra, I've done a sensitivity analysis on the NPV discount vs Iron Ore and MTPA processed against NPV discount modelling different price scenarios.

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Looks like everyone got a bit excited over the special dividend today. Was expecting no change but it is what it is.

I've used the long term price of Iron Ore of $141 AUD ($85 USD and 0.60AUDtoUSD) which is very conservative. Currently Iron Ore is around $150 AUD.

[held]
edgescape
Added 5 months ago

The bottom sensitivity table is meant to be TPA not MTPA ..doh. And it is a TPA/Iron Ore price using NPV discount of 8.

If I get time I may write up on how you do those tables in Excel as I think they are quite cool.

5
edgescape
Added 5 months ago

22% down from 7.80 to 6.10 going ex dividend.

Not sure what was the thinking behind the 7.80 buy. But it could have been worse had the share price not gone up from 6.60 which would be about $5 ex dividend.


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