PLV 0.00% 1.2¢ pluton resources limited

"She should easily trade at 10x earnings? seems a great...

  1. 2,131 Posts.

    "She should easily trade at 10x earnings? seems a great buy?"

    Average PE of BCI, AGO, MGX, FMG is 6.2.

    Using 5x gives 15.5 cents

    Reduced shares on issue will improve the numbers. Maybe the October options will not be exercised. That takes out 434M.

    What PLV needs is a mine life extension, only drill results will deliver this. 10 years for stage 5 will give a boost to the share price.
 
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Currently unlisted public company.

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