OLY
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0.00% 4.0¢ olympio metals limited

I've been looking at MAL and GUN. Minsands seems to be a solid...

  1. jiangsen
    277 Posts.
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    13/09/07
    17:48
    Post #: 2804907

    I've been looking at MAL and GUN. Minsands seems to be a solid business, the plants cost nothing (6 million for MAL) and there is a decent return on that capital, 100% per annum based on EBIT for MAL. Problem is, they are still small numbers, even GUN is only going to have 30 mill per year in revenue. My conclusion is its solid, but not exciting. You can make some money, but not a lot.
    OLY Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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