can i still buy?, page-6

If you can beleive TAM will become a producer of 200,000 ounces of gold per year, then at 27 cents would be one of the best buy for a long time. They claim that the production cost is around Aud650 per ounce and with gold price is somewhere near aud 1,360 that means yearly profit is about 140 mil. Let say conservatively make it 100 mil. with PE of 12 (sector PE is 15) then the company should have the valuation of 1.2 Bil. At the moment it is around 100 mil. So, plenty of upside.
That's only my simple calculation. Pl do your own research.
Good luck.