HXG 0.00% 2.2¢ hexagon energy materials limited

Not really sure to be honest given all the variables. There's...

  1. 69 Posts.
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    Not really sure to be honest given all the variables. There's been a few numbers bandied about in previous posts and I do remember doing a rough "back of the envelope" calculation sometime ago that suggested to me that at the current price back then (around 18 cents I think) if HXG met their baseline estimates then the stock was trading on a PE of 1. So I thought ok a potential ten bagger plus here. I think the next few months will be telling with Min Res estimate, on-going test results etc. I think we'll probably see a few potential profit numbers fall out of that. I know Charles has a "little bit of tongue in cheek" goal of a $500m cap stock in two years, $1b in three.
 
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