2025 Telfor Profit21 Feb 2025 14:32
my back of a *** packet calculation for 2025 profit shows a theoretical p/e ratio of 0.625 !!
please check and correct my calcs, this is assuming we look at just telfor and ignore the haverion investments etc
from company presentation 426koz aueq to be mined from telfor(over 15 months) = 340koz over 12 months @ $2750/oz-$818/oz = $656m .
i assumed a conservative price of gold @$2750 and used the aisc of $818/oz from company presentation.
of course this assumes all profit is returned as dividend and, no funding for haverion but this is just diverting some of the profit for future $$$.