Assuming we get the all clear on LL and using the hedged gold price of USD 1358, a pos of USD 28 and an AUD of 1.02, i still get a current p/e ratio of only 1.44x
If i use the current spots of gold for the non hedged quantity and current spot of silver, i get a current p/e of 1.24x.
5x p/e at scenario 1 is 38 cents per share and 5x p/e at scenario 2 is 44.1 cents per share.
Anybody else got some estimates using only the hedged price of gold?
epic short positions in gold, page-5
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