LMG 2.08% 4.7¢ latrobe magnesium limited

general discussion, page-1241

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    Based on a conservative PE ratio of 15 the projected earnings are such that the share price should be north of $1 by 2028 by my calculations.

    BTW instead of 15 why not use BHP P/E of 8.5 it is still below the industrial and mining average P/W of 11

    Using my conservative 7 cents it is 60c/share. I'd be happy with that. What China does with their pricing power and how other countries may reject buying or not because of pollution, I think my sp number is safe. But still not $5. Still a 10x.from here
    Last edited by jumpstart: 19/01/23
 
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