Share
4,774 Posts.
lightbulb Created with Sketch. 1796
clock Created with Sketch. 08/04/25
18:28
Share
Originally posted by Rigs71:
↑
Grant has stated the run rate goal out of Black Swan will be 100000 oz pa. @ $5000 Aud per oz = 500 million. After using a conservative 35% profit margin that gives 175 million pa profit, assuming no further dilution that's approximate earnings of $0.08 per share. I did a couple of comparisons with other Australian gold producers and decided to use a PE ratio of 7.5, I came up with a share price of $0.60
Expand
Top marks for having a go at the P/E.
(20min delay)