Agreed this stock is really cheap at 87 cents. This company has been fixing, expanding and installing redundancy for the processing palnt for many years and still values its mine assets at $480 mil. What a bargain for a proven working HPAL plant!
Look at inventories @240mil
Also cash @ 200mil
Thats 920mil for the basic nta without taking into account over 20 years of feed for the mine in discovered leases.
Add also the fact of 2.33 cents for 6 months eps (including another cost of repair/upgrade to the plant) then 87 cents seems a little lite!
Agreed this stock is really cheap at 87 cents. This company has...
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