"I have heard $8 as a price target... but how can this be justified running the numbers."
LoL - Rogar... You may want to "Run" your same numbers again except use a calculator.
72MT x $200 = $14.4Bl Resource
3MT x $200 = $600Ml Revenue
3MT x $50 = $150Ml Profit
You totally have your ZEROs MIA!!!
Current F/D MCap is $160Ml.
So f-P/E 8 is not so unrealistic.
Cheers.
Pat
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Last
0.9¢ |
Change
0.001(6.25%) |
Mkt cap ! $27.00M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $7.007K | 874.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6436717 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4721919 | 11 |
View Market Depth
| Last trade - 14.29pm 23/07/2025 (20 minute delay) ? |
| AEV (ASX) Chart |