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9.09% 0.6¢ grand gulf energy limited

for those who don't know

  1. bignote
    1,723 Posts.
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    25/06/13
    15:46
    Post #: 11925904
    For those who don't know;

    I estimate :

    Current cap. = $ 3.74 M

    Current cash = $ 2.00 (est.)

    So, Current EV = $1.74 M

    Current revenue = $4.4 M pa

    (includes est. for Desiree shortly on production and likely due to increase later this year with Louise production)

    ie current revenue = > 2 X EV

    Need I say more?
    GGE Price at posting: 0.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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