Isn't the 26c eps not including tropicana? Once that's added in it sort of accounts for the dilution. So basically it should be back to 40c a share eps this year if POG holds around here. That to me also means the SP doesn't account for the extra mine in terms of diversification valuation bump. The way I see is is mcphil is not accounted for whatsoever in this sp. Even without that, this stock is cheap. Forward PE of about 6 with another tier 2 mine a very good possibility. Sky is the limit over the next 5 years.
This stock was valued many many multiples higher than it currently is at its all time highs. This is just awful sentiment and I love it.
DDD
RRL Price at posting:
$2.14 Sentiment: Buy Disclosure: Held
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