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22,518 Posts.
821
02/02/11
16:08
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depends how many shares they issue also
depends on corporate expenses, directors fees, tax ( they have 4 million in losses)etc etc
the old pigs in the trough
3 million revenue isnt 3 million profit.
it looks cheap, im just trying to see where the upside is
I cant see if they get it up to full speed them making more than 2 million.
Its in indonesia, they only have a royalty, pe 5 MAX for a single project
Im genuinely interested , they need more than this project to get anywhere ????????????????????
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