GBG
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0.00% 2.9¢ gindalbie metals ltd

open briefiing - its all good, page-4

  1. Surly
    79 Posts.
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    31/07/09
    11:36
    Post #: 5453505
    Back of the napkin says...

    As a comparison FMG has yet to reach its 45mtpa target and has a market cap of $13.6BN

    Two thirds of this is about $9BN

    Half of this is Ansteel so $4.5BN

    700 million shareholders means $6.42 per share as a starting point to further discount or add to.

    cheers
    Surly

    As always DYOR
    GBG Price at posting: 84.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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