based on GBG's latest January presentation and profits of $127.00 a ton based on current spot prices I am expecting significantly more than $2.00.
$127.00 * 8mil tons * = approx. 1 billion profit
discounting 50% based on ownership and applying a pe of 15 we have a share price of approx $8.00 a share.
Happy with $4.00 though, dont want to be too greedy.
Cant wait for 30 million ton production
- Forums
- ASX - By Stock
- GBG
- rest?
rest?, page-9
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GBG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online