Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Turquoise Hill Resources Ltd. TRQ


Primary Symbol: T.TRQ

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Comment by Straiteon Feb 23, 2019 1:13pm
296 Views
Post# 29404182

RE:RE:Turquoise Hill

RE:RE:Turquoise Hill"Hard to believe that 8 years ago, TRQ was $28 (copper price was $4.50 in 2011)." Be careful when looking at past stock prices. Back then, this was a totally different company. It was Ivanhoe mines, which is now switched to IVN. Different assets, different cash flow potentials/sensitivity. The new TRQ expected cash flows are different from those in 2011. Also, there has been substantial shareholder dilution. Shares outstanding more than doubled since 2011. This being said, at $3.0 copper, $1300 gold and $19 silver, the NPV 8% was said to yield about $6.94B USD in Enterprise value. If copper goes to $3.5, you get NPV8 of $10.46B (a 50% increase), etc. You can see tables in the 2016 technical reports for example p.56 of pdf: https://www.turquoisehill.com/site/assets/files/3769/2016-10-tr-trq-r77gvc.pdf Can the stock return to 10-15$ in the next 5 years? Maybe in the best case scenario. Will it go to 28$? Don't think so.
<< Previous
Bullboard Posts
Next >>