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11/06/15
09:53
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Originally posted by Sector Lead
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Few things to point out
UML market cap is $25m
UMLs EV is negative (good thing)
Production at Dargues will only likely replace falling production at Henty.
I prefer to just look at cash and cash generation for next 2 years. Could go to 5c
Approval of Dargues and good fresh hits at Henty are cherries on top.
UML is still way undervalued yes, but a PER of 10 is not credible until they have a longer life mine in front of them.
NOTE: have just realised this was from 2013...no idea why this popped up in my screen, $90m - wow, what a fall.
so ignore my post, it's current views only.
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and now realized CCU is suspended
been a tough few years for juniors, ones that survived are being revived.