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clock Created with Sketch. 22/03/21
07:38
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Originally posted by GT55:
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Take it back a step Z $300 mill gross over ten years doesn’t mean its worth $300 mill. No one would ever pay $300 mill for something to will earn maybe net $150 mill before tax over that time and no one will pay $150 mill just to get back $150 mill either.
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I agree with most of what you say, but DDD will have a lot of free cashflow to prove up extra ounces and/or make further acquisitions, all without shareholder dilution.
(20min delay)