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4.9¢ tiger resources limited

gsmi086.....PE of 1.5 is fair, considering the management and...

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14/02/17

15:41

Post #: 22604420
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Originally posted by gsmi086 ↑

That's right. I'd hardly call a PE of 1.5 fair and equitable value and unless something goes wrong should push past 7c near term.

Glencores stake puts the mine at a EV of $3bn with 3x the copper production and cobalt on top. I don't know their operating costs are, but it would be interesting to find out and ascribe a look through value to tiger. Clearly though, at an EV of $250m and on a PE of 1.5, the transaction shows something is very clearly out with tigers current market cap and lots of blue sky for SP growth.

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gsmi086.....PE of 1.5 is fair, considering the management and site under performance over the last 3 or 4 years.

If they can deliver back to back quarters of what the market expects from them, then the SP will be more like 12 cents plus.

TGS Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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