DRM 0.00% 33.0¢ demetallica limited

Ann: Investor Update , page-27

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  1. 539 Posts.
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    So unawares what's your opinion on the future gold price? It must be nearing a bottom, if it keeps falling like it has been then supply will dry up.

    Blackrock recently put out a report showing FY14 eps of 26 cents, based on a 1587aud POG. Obviously that last 1587 bit is the clincher, but that would mean a PE of about 2 on the current Share price, pretty impressive.
 
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