GBM 0.00% 0.8¢ gbm gold ltd

if indeed the discovery would mean earnings of 6c per share,...

  1. 491 Posts.
    if indeed the discovery would mean earnings of 6c per share, what would be a reasonable P/E ratio to expect ?
    I guess even at really low 9 times P/E ratio , they are really worth 6 x 9 = 54c a share.

    Is there anything i am missing ?
 
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