SRL 0.84% 60.0¢ sunrise energy metals limited

the fair value per share seems to be around 12-15 IMO.i dont...

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    the fair value per share seems to be around 12-15 IMO.

    i dont think we'll trade there the moment the announcement is made given execution risks and etc.

    i think a $2 is where this thing should be trading at a NO hope environment. a double from there is $4.

    the fact we are trading at 1.30 means that someone big has thrown in the towel and this wont stay like this for a long time.

    also: mining stocks dont trade on a P/E basis. EV/EBITDA and FCF yield is what you have to look for.

    what is the avg EBITDA mg of recent mines in Australia?
 
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