Co Val

Hi All,

I do not post on hot copper but I do have a question that I would love some feedback on.

There are some great posts on the GXY hot copper forum.

What is GXY worth?

My back of the packet calculations are as follows:

As per the December 1/4 report the earnings EBITDA were $A35m for the 1/4.

If we times this by 4 = annual income of 140m without any pricing adjustments for lithium, cost of production or increases in the output of MC.

Number of shares on issue is 407,260,000.

Divide earnings by the number of shares = earning per share of 0.3437

Times by PE ratio of 10 = share value of $3.44
Times by PE ratio of 12 = share value of $4.13
Times by PE ratio of 15 = share value of $5.16

For MC along without attributing SDV or JB.

I may have this completely around my neck but any feedback would be welcome.

Does anyone know what the industry PE ratio?

Thanks in advance

PS I do hold and this is not financial advice