AKM 0.00% 30.5¢ aspire mining limited

General Discussion, page-431

  1. 309 Posts.
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    $US400 million = $AUD600 million minus interest minus depreciation then minus tax = (I guess) around $AUD400 million.

    That's around $AUD1 per share in earnings per year. At a P/E of 5 that gives a share price of $5.

    Like I said though, the critical thing here is the reserves are huge such that they'll want to ramp up production big time. Long term (5 years+) share price could be $20.
 
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