ORE 5.11% $6.13 orocobre limited

Ann: Orocobre Limited - December 2018 Quarterly Report, page-21

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  1. 2,347 Posts.
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    Thanks for sharing good work and again I hope you are right and I am wrong.

    I have a target of about $4-$4.40 this year which based on last years US$25M net profit would put it on a PE of about 25 which isn't too bad for a growth stock.

    Now it all depends on whether they can get improved Li prices from last FY and boost volumes to see if there's more growth.

    I like ORE a lot and think if the markets stabilise as well as the Li price it'll rocket especially if any good news is forthcoming but I highly doubt we'll see the $6's to be honest but again I hope I'm wrong and you're right.

    Good Luck!
 
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