In 6 months when we go into 2012/2013 financial year, this stock needs to be at $4.50 to be on a PE of 10 assuming a conservative 830 cash costs.
Thats 28% upside in 6 months.
A PE of 10 for low country risk, strong growth in earnings for the following year, excellent likelihood of higher resources, excellent exploration upside for years, zero debt and cash on hand.
Even $4.50 in 6 months is too cheap.
In 6 months when we go into 2012/2013 financial year, this stock...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)