Yeah thats just MAK style ramping.
People value MAK as if its producing and these commodity prices are stable. Just ignore people who start posting poorly written 10EPS valuations. They take nothing to account, not even a simple discount.
IMO a market cap over 600m is overvalued considering grades and lengths to production.
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- once in proddy i get 17bucks value using pe 10
once in proddy i get 17bucks value using pe 10, page-9
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