From what I have read I cant see these excellent results being maintained consistently over the years. The recent success is on the back of the Gold price surge. This is excellent for those who bought in 12 months ago. The equity is propped up by a high liquid cash balance and I can see the PE ratio increasing as income reduces over the years. Please correct me if I am wrong. At $0.9 per share it seems a bit of a close call.
Edit: Although, the increased cash in circulation could comfortably keep Gold prices at these levels.
From what I have read I cant see these excellent results being...
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