Right... so just more wishy washy subjective stuff, that adjusts downwards your previous $2 valuation.
OK.
"Mt C - poor quality, small asset at the high end of the cost curve. Will struggle to find a buyer as time goes on"
"SDV execution risk"
"Management Risk"
"3 projects in 3 continents"
"It's all well and good having $400m in the bank, but I've seen companies blow a lot more money than that"
"ambitious timeline"
Riiigggghhttttt.....
People can decide for themselves whether the entire company's assets are worth more than the top paddock at SDV - because at $1.80 per share, the enterprise value is only about AUD $300 million!!!!!!!!!! Do you think we couldn't sell the bottom paddock for that if we wanted to?!?! But we don't want to, because it will bring in hundreds of millions per year once up and running.
DYOR people!
- Forums
- ASX - By Stock
- GXY
- Ann: Quarterly Report - December 2018
Ann: Quarterly Report - December 2018, page-331
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online