Well D, you better start looking at SUV models and colours as well as the Beacon boys favourite steak house as this thing is loaded for an upgrade. Average PE is 15 on ASX (range between 10 to 20).
At the current price and earnings projected (my projections) for 20/21 if they paid out a dividend of 50% of earnings you would have your money back in 5 years no problem and still own your shares.
Increasing mill capacity implies they are confident on more resources and mining.
Any SUV suggestions?
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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