Hope all is well for you remirez, posters were here for you.
Not sure which thread this belong to. HC has gone to rubbish lately. As for the two men that lived by the sea, one was drowned by a whale and the other died lonely. The sea like to separate men from their gold. If they have lithium filled pockets, they would float.
GXY is currently trading at $1.23 in case you didn't realize. For a total market cap of $700mil us.
For this quarter, going by the shipping schedule there are 3×15000t. Plus 1×1500t from june, payment received in july.
4×15000= 60kt ×$488 = $29.3mil.
Cash balance $45.1+ 29.3(Q3)+ 280(posco) = $354mil us. Or $500mil aud . Trading at $1b au, cash holding is $500mil au, earning $160mil/ year.
MtC +SDV+ JB asset value at least $6bil.
The funds can all see the numbers. A handful of retailers can't.
Trading at 1/6 asset value, earnings p/e 4. On an international market. Anyone that is not invested, deserve not to be. To lose money in growing company like this, one need to be sleep walking. Keep your money in a bank if you can't see past the manipulation and value. This is a forum not investment advisory services.
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