Hi tika
By my cals they are making around 15c/share/pa which should rise to circa 30c when full production is achieved. By the end of Q1/14 MWE should be debt free.
Based on a PE of 6 then SP should be closer to 90c than the current C.47c and by mid 2014 $2.00 should be on the radar, assuming of course the price of copper etc remains around current levels.
Unless the SP rises shortly, MWE will become more of a takeover target which may explain why the SP is being kept low.
Cheers
R1
- Forums
- ASX - By Stock
- MWE
- any comment on today's press release
MWE
mawson west ltd
any comment on today's press release, page-3
-
- There are more pages in this discussion • 4 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 MWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online