RE: Bill Interview21 Jun 2022 17:52
NORMBEEF,
So from what you are saying, you would expect at least a turnover of $162,500,000 for 2023 (+£132M) based on 1.25M Tonnes. Expected profit of +£71M or roughly double our current MCAP, based on $70.00 per Tonne. ($130.00 per Tonne)
OK, if you agree with the above, where does that put the SP by mid 2023 when we are already biting into +£66M turnover?
I've looked for ratios, but so far it's not as clear as I had thought.
Apologies for the dollars and pounds but hopefully you can follow my methodology.
Of course there are the other projects to consider which I think are mind boggling, but I wanted just to focus on the DSO
Thanks
Mike
T_B