GBM 0.00% 0.8¢ gbm gold ltd

high gold grades, page-6

  1. 491 Posts.
    if indeed the discovery would mean earnings of 6c per share, what would be a reasonable P/E ratio to expect ?
    I guess even at really low 9 times P/E ratio , they are really worth 6 x 9 = 54c a share.

    Is there anything i am missing ?
 
watchlist Created with Sketch. Add GBM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.