Hi All, first time poster, long time pls holder. Wondering if my calculations would be correct in calculating the future pls share price based upon Kens interview.
- $600 profit/ton ore
- 5mil tones annually (upgraded plant)
- $3 billion p/a
Based upon a PE of 20 (GXY) would indicate a market cap of 60 billion?
$60billion \ 1.5 billion shares on issue = SP of $40?
Future share price
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