MOY 0.00% 5.1¢ millennium minerals limited

option's info, page-10

  1. 8 Posts.
    I dont think the issue of consolidation whether it happens or not is going to be a big issue,

    now that the company is generating revenue, where will the SP end?

    What do we think a reasonable P/E ratio for a gold producer would be?

    72,000,000 $ profit per year
    Capital as it stands 125,000,000 undiluted - 160,000,000 after option coversion.. this probably means an earning of around 0.013 cents per share - which puts the P/E around 2.5 --- looks like alot of upside for this one - me thinks
 
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Currently unlisted public company.

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