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7.69% 4.8¢ aumega metals ltd

Ann: Development Update , page-4

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  1. Geiger Counter
    4,618 Posts.
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    31/08/09
    12:59
    Post #: 5576105
    As a wild guess would it be reasonable to suggest a PE ratio of 4:1???

    I get this from the 4 year mine life (150K oz reserve).

    If so I suspect the market would be rating A1's shareprice in this order after the first full quarter of mining (i.e. time to see the operation in action and eliminate startup bugs).

    That would suggest to me a shareprice of say between 45-60c by April next year?????

    Thoughts guys?

    GC
    AAM Price at posting: 14.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.8¢ 		Change
-0.004(7.69%) 		Mkt cap ! $25.25M
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4.9¢ 5.0¢ 4.7¢ $23.47K 472.0K

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