FFM 1.85% 79.5¢ firefly metals ltd

new investor

  1. 225 Posts.
    AUT looks to be at a good buy in price at the moment, compared to the last ~12 months.

    But in the 2Q report, they mention a ~ $12million post royalty revenue, which reduces to $5million receipts in the quarterly report.

    so how can a $5million/Q be worth $1billion? thats a P/E of 50 - seems very high??

    what am i missing?
 
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