Ghosta
Thanks for the comments. Unfortunately for me this sudden attention is destroying my accumulation approach. I will now have to look for buying opportunities as the year goes along. IMO it's going to be a huge year for shares. I feel now that we are in the production year AGM could well take off.
Your EPS calculations are very helpful, using a safe PE of 10 and $US35000 tonne then $3 is about right. I don't want to sound like a ramper but saxon and possibly another resource find and a PE of 15 to 20 is not out of the question. If I was to guess then I think you believe the same thing?
cheers
- Forums
- ASX - By Stock
- interesting day
GhostaThanks for the comments. Unfortunately for me this sudden...
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)