Core just sold some concentrate to the Chines for $4.400/t.
I agree that sorting out mine execution, road and logistic are still in the way. More over the market will like to ear news on money coming in from sales, DSO for starter would be nice.
But once all is in place, is likely our net profit will be higher than current market cap. So any profit multiple valuation for LLL means how many times its sp will go up in 2024, starting from DSO sales this year.
What PE can be given to an Australian miner operating in Mali? 4? 5?
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