Great company, but they wont fetch a decent PE unless they can increase reserves or start promoting a 'growth' campaign.
This co is a gem though
itll make anywhere form 15 to 20 cents a share in the next yr; PE will be modest at less than or equal to 5 though in the short-term until they come up with some 'sexy' news.
PE will only be high if the company has management that is reputable for being big deal makers and making big strides.
I dont see TFE making any takeovers soon or making some bold moves to build the company.
its too early anyways
Good EPS forecast though, and even with low PE , its still undervalued.
I reckon they MUST increase mine-life and undertake an agressive drilling campaign post first production mid year!
still undervalued though.
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gr8 co they need to increase reserves
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VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
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