Ann: ALACER TO PURSUE SALE OF AUSTRALIAN ASSETS , page-18

re: Ann: ALACER TO PURSUE SALE OF AUSTRALIAN ... See how good the results look once you remove the executive largesse and the junk that was Higginsville and SKO?


Cash backing at 30%, no debt, 3.5x EBITDA, 2.3x EV/EBITA, P/E = 8.5 In a year of depressed gold prices. On the cost side, 2014 is shaping up to be a whole lot better!

From market dog to darling... a no brainer now... Added this morning and will be keen on the pullbacks! Onwards and Upwards from here.