Volume of gold produced is appealing. Existing infrastructure is interesting. But......the FY 17 profit is abysmal. EPS less than 5c. At a P/E ratio of 14 gives a value of 70c. What a shocker. Their FY17 annual report is not stored on their website along with other ARs. Presentations don't give any real insights about the issues in the business....just boast about quantity of mines and gear. Wouldn't touch this with a barge pole until there is more transparency.
Volume of gold produced is appealing. Existing infrastructure is...
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$2.80 |
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