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2.13% 4.8¢ chemx materials limited

all the way to $1, page-5

  1. paperclip
    2,444 Posts.
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    06/04/06
    18:14
    Post #: 1483020
    re: gold is at $598/oz if we assume for a tick gold remains around the $600/oz

    and cost of production is around $200/oz

    220,000/oz p/a * $400/z = $88mil p/a

    or

    EPS of $0.214 ( $88mil / 410mil shares )

    PE of 10 = $2.14

    No brainer here

    cheers PC
    CMX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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