CMC china magnesium corporation limited
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cmc a stock to watch, page-9

  1. Nobananas
    1,369 Posts.
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    13/04/11
    11:16
    Post #: 8258457
    Fair enough. Just as an indication from a report I receive, FMG trades on about 10x for 11/12 and RIO traded on about 13x in 2011 and estimated 8x in 12/13. OZL and PNA are about 10-11x. You would expect to pay a significant premium for those stocks as they have world class assets and have other projects in their pipeline whereas CMC are as you said, a one trick pony. Anyway, good upside regardless.
    CMC Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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