Deidre $1.75 would be an absolute joke. From the 2007 concise annual report the following projects/holdings were identified. I would like to throw out a challenge for anyone interested, to come up with their appraisal of the projects in dollar terms. Ball park figures obviously.... How much is ..... Broken Hill (operating) $.... Beltana (operating) $.... NMD/Potosi (P) $.... Reliance (P) $.... Flinders (E) $.... Mt Oxide (E) $.... Dee Range (E) $.... Tampang (E) $....
I'll start the ball rolling by saying A$1billion.
Add the large cash holding and subtract a little bit of debt and PEM should be trading around $5+ But I'm a holder so I'm biased. Luck Q
PEM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
