AZC 0.00% 2.7¢ australian zircon nl

enterprise value

  1. 2,738 Posts.
    Based on the share price , market cap and the known cost of the plant and debt can someone please verify the Enterprise Value.

    I have determined that the EV is less than zero .. so the company itself - as an enterprise - is valued at less than nothing ??

    given that the company has stated an initial EBIT of $21 mill is possible .. sounds unbelievably cheap.

    why the lingering distrust with this company .. it's done okay in keeping capex below budget .. why not believe it will be a profitable operation?

    I dont get it.

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