TSXV:AAA.P - Post by User
Post by
stocktaon Jan 21, 2011 6:47am
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Post# 18005931
Good comparison to Intrepid
Good comparison to IntrepidIPI must be pulling in around $1.50 per share cash flow to be trading around $35 per share with 75 million shares outstanding. Therefore if AAA can produce even 1M tonnes per year and cash flow even 150 M out of that (and that is a low estimate considering the price of potash is $450 and their low opex) then AAA should be trading around $15 per share (20 times earnings of .75 per share). Nice potential and very conservative as well.