MON
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0.00% 29.5¢ monarch gold mining company limited

these are top of my head numbersapprox 463mil sharesgold...

  1. Hotfire
    19,721 Posts.
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    03/11/07
    11:13
    Post #: 2966181

    these are top of my head numbers

    approx 463mil shares

    gold aud$800
    cost aud$430

    aud 0.94c

    I have factored tax and discount of 10%

    120koz = net after tax 31mil eps = 6.0 PE 10 = SP 60c

    200koz = net after tax 52mil eps=11.0 PE 10 = SP 110c

    MON Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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