The PE for current production and forward is no way on the low side. A lot of expansion and increasing ore prices are factored in. On top of that SDV and JB aren't guaranteed. At what point the upside is worth the risk is a personal choice but currently it isn't worth it for me. Back at 3$ and the risk is worth it. Too clear in my memory is iron ore and coal falling over in 2011.
GXY Price at posting:
$3.48 Sentiment: Sell Disclosure: Held
