GRY 0.00% 20.5¢ gryphon minerals limited

asx 300, page-2

  1. DSD
    15,811 Posts.
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    Am a long-time fan of AMX in B.Faso. But GRY look even better!! Bought some today at $1.40. Set to earn $104m in FY14. With 329m shares (fully diluted inc. placement)that equates to mkt cap $460m and fwd PE of 4.43 using POG $1300 and $1.40 SP. HUGE potential to discover much more gold at shallow depths. Makes for low costs and simple mining.
 
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Currently unlisted public company.

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