this one be undervalued for such long time, page-14

hey ggambler,
what "maths" are you talking about?
at the rate of july's production we have 1075 tpa
and i guess the "full production rate" will be similar to what was forecast in the hartley's report, which is about 5500 tpa, although no projection was given in today's ann.

so from my earlier post, the projected p/e for 2008 (say roughly 18, at current share price) is already exceeding the sectors p/e.

so why do you say it will douuble?