SDV 2.38% 82.0¢ scidev ltd

my thought on valuation

  1. 141 Posts.
    If Intec are going to have earnings of, say $25m from the j/v Zinc Concentrate project alone and we apply a p/e ratio of say 10, ( which would be very conservative for a growth stock with blue sky potential), that gives us a market cap of say $250m. Present market cap is say $60m, so if we divide $250m by $60m, that means the shares have to go up approx. 4 times. This makes me think that any day now the shares should be worth a minimum of 60c ( 4 x 15c) when the ann. comes out that Zinc production is underway as planned through the mill.

    Any comments on my valuation?

    I'm not very good at maths, so you'd better do your own sums and see what you come up with!
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