Cashme, I tend to agree, and think that if you do a very simple profit and potential or actual dividend analysis relative to peers (it has actually paid a maiden dividend, unlike most goldies) its MC should be in the $800m - $1b. Ie twice today's (about $425m after deduction of $70 odd million in cash).
Still, no one promised that the market would be logical...
Ann: June Quarter Production, page-42
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