BGL 4.12% $1.28 bellevue gold limited

how does this all work?, page-6

  1. 496 Posts.
    yes I suppose depends on the extent to which they can ramp up the NPAT margin by focusing on the on net revenues. I was perhaps a little pessimistic applying a combined (on and off net) NPAT margin (about 5.7%), however I would be skeptical about them being able to ramp up the NPAT margin to close to 25% (which is close to BGL's current margin) given the numerous issues out there. It has taken BGL close to two years to change this focus and achieve this margin.
 
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