estimated pe of 1.8 for 2008 , page-10

rusty gold its just under the forecasts heading. i think it was done by amro but not sure.
original earning forecasts before constuction was upto 350mil per yr at full production for a mine life of 6yrs. the 6yrs has been extended to 8 i think and was based on metal prices at the time which is why they are so far out in their hedging arrangements.
18mths of dckin around has cost them plenty but if 350mil p/y was right then they should be able to service debt and some if they ever reach full production.
would be trading above 25c by now if the typhoons and churchies left them alone. but a spill even if minor was the main cause for their current situation.
heres hoping they can continue with the positive news from now on.