Right you are.. Time to do it by the book ...
EV= MC + Total Debt − (Cash and cash equivalents)
= 137M + 107M - 20M ( June 30 figures)
Im assuming we still have 20M COH and the gold produced in Sep Qtr covers All In Costs.
= $224M for a $90M EBIT per annum mine, excludes upside from Blue Spec or Pirra Lithium..
Yep , overpriced dog stock....ha ha ha ha
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