mr market insane pe 3.8

Has anyone else seen Morningstar's earnings forecast for our gem find here? FY13 forecast earnings are 8.5c,
Thats puts us on a price to earnings ratio of 3.8 cents,
Is everybody out there nuts
?

All that wer need is for inflation to have a big of an uptick worldwide (inevitable according to central banks just a matter of when) and with the development and exploration in the pipeline this baby will follow on with the success another company with operations in Broken Hill have had. Pretty decent little company that one