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0.00% 65.5¢ general mining corporation limited

Strachan upgrades Mt Cattlin, page-4

  1. thewisdom
    346 Posts.
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    03/05/16
    16:25
    Post #: 17665526
    Nice report with some nuggets of info.
    Strachan has valued Mt Cattlin at approx 20 times 2016 projected net profit, ie approx 300 million. Great !!

    What's exciting is 2017/18 projected net profit EACH of 45m and 84m in 2018.
    When GMM get Mt Cattlin puuring (hopefully end of this year) GXY/GMM will get rerated big time
    GMM Price at posting: 55.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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