KGL 1.04% 9.5¢ kgl resources limited

andash , page-69

  1. 4,837 Posts.
    I read another paragraph..

    "For Jervois, for now I assume only a 1.2 mtpa plant which gives a 7.5 year mine life on the current initial resource....Using my current assumptions I value Jervois at 40c ..... If 80c looks silly, look at the Intersuisse profit forecasts (average around $75mill/ year) and apply a PE of 10 to those net profits."


    High fives for everyone!!!!! The blind leading the blind...

    Does no one find a problem in assuming PEs of 10x while in the same paragraph using a 7.5 year mine life.... Come on guys a bit of common sense would not go astray....

    I am not here to bag KGL I have not followed the stock and as such will not question the input figures, but when someone says 2+2= 19...HELLO!!!!
 
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