And that is INCOME!!
Multiply it by a PE X 8, the figures go crazy!
A few figures.
At the moment we have a MC of $1.07B AUD
Income of $14m USD every 3 weeks,$8m USD profit
APPROX $60M USD in cash in the bank??
$280M USD /$400M AUD about to come in.
So $500m AUD in cash
Mt. Caitlin worth $570m AUD producing $140m AUD profit a year.
We are at PE x 4 at the moment. CRAZY!!
The other big 4 trade at 14 -16 x PE.
THEN add on value for SDV and JB. $3.5b++USD ??
If anyone wants to correct my figures, please do[I failed economics in school too many years ago]
In my opinion, GXY has the best fundamental figures of any company I have ever seen.
We are being manipulated in a huge way as we all know.
Everyone just hold tight and it will be a great XMAS and future.
Just my opinion!
Enjoy the weekend everyone.
GXY Price at posting:
$2.63 Sentiment: Buy Disclosure: Held