FML 0.00% 16.5¢ focus minerals ltd

fml investment case, page-17

  1. 6,475 Posts.
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    I usually use a PE 7. Much depends upon reserves.

    Buy PE6
    Hold up to PE 12
    Sell PE15
    This is as rough as. Look at future earning over 5 years.

    A long term sustainable operation ie high reserves and low cash cost in a spec market could drive the PE into the 20s.
 
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