If it gets up you’ve effectively got a 600kozpa producer @ US$1,000/t ASIC which would be making circa US$480m pa margins @ spot gold (pre-tax, growth capex). Throw a 7x multiple on it like others are trading at and you got a US$3.5bn / A$5bn company which is A$8/share. Didipio is worth around $1.6/share on same math so plenty of upside without.
- Forums
- ASX - By Stock
- OGC
- Gold Explodes over $1800 USD
Gold Explodes over $1800 USD, page-8
-
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)