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Argex Titanium Inc. ARGEF

"Argex Titanium Inc is a Canadian company producing high-grade titanium dioxide (TiO2) pigment. The company has developed a chloride-based technology, which is environmentally sustainable. The white pigment produced by Argex is to be used in high-quality paints, plastics, specialty, and other applications."


GREY:ARGEF - Post by User

Bullboard Posts
Post by skyyvodkaon Jan 14, 2014 8:01am
224 Views
Post# 22087911

Earnings per share

Earnings per shareThe 50K plant should be able to produce FCF of $.70 per share excluding by-products. In 2017 when the 100K plant is ready it would be a FCF of $1.40 per share.
If the TiO2 price would rebound to late 2012 pricing of $4,200 PMT we are looking at FCF $1.76

Include by-products and other cost savings measures in the calculation and the result could improve up to $2.45 per share. add another 200K plant in 2020 for a total output of 300K and I can just live off the dividends this play would produce.

Bullboard Posts