GMM
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0.00% 65.5¢ general mining corporation limited

GMM, Target Price, page-25

  1. kgtom
    2,768 Posts.
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    02/05/16
    21:52
    Post #: 17657365
    Much lower. GXY has some 1.2b shares. At 36c = MC of $430m GMM has just over 300m shares. At 53 = MC of $160m. (All approx.)

    And no they shouldn't be the same. GXY has 100% interest in SdV, which is about to come out with a DFS this qtr. How much is SdV worth?

    kg
    GMM Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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