GMC
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0.00% 0.6¢ gulf manganese corporation limited

Lets say they make the AUD 27M $27,000,000 / 2,300,000,000...

  1. mickloff
    1,235 Posts.
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    29/06/17
    23:50
    Post #: 25578261
    Lets say they make the AUD 27M

    $27,000,000 / 2,300,000,000 shares is $0.0117 EPS

    Modest PE of say 5 despite quick growth rollout brings in a share price of around at least $0.06

    But if they can nail the first two smelters then a larger PE is justified and this could get to 10 cents.

    dont gift your shares away people
    GMC Price at posting: 1.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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