Hi scarva,
I am surprised it did not happen a month ago. it gave me a chance to top up as well. Mine opens in around 8 weeks ,and with a projected profit of around $15 m ,I cannot believe Anvil will trade on a p/e of just over 1. My guess is a p/e of 2.5 to 3 would be a conservative estimate . It was also satifying to see Anvil get near top dollar for 200,000 of their GSR shares.
cheers Brenden.
- Forums
- ASX - By Stock
- Mining Weekly article