massive news

  1. fss
    689 Posts.
    ann out - 7.7million oz resource.

    IGV @ 800/oz = $6.16b.
    5% of IGV = $600m
    Current mkt cap ~ $400m

    If they produce 200koz per year at say a margin of 400/oz then thats $80m EBITDA. Say $40m EBIT over 200m shares gives EPS of $0.2. Current S.P of $2 is on a PE of 10.

    Hmmm.....
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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