Well look at it this way, when gold hits 2K AUD by year end.....and it certainly will, then
77K oz p/qtr X 1300 AUD = 400m /300m shares = 1.33 p/s EBIT
Even if they don't upgrade resources for 4 years this is gonna be a veritable CASH COW and at current prices is absurdly CHEAP!
The market WILL NOT continue to ignore value forever.
trading halt, page-6
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
