Melua
Why would one buy a share that they think will trade on a PER of 5?
Why would you be interested in taking such a high risk if you think 60 cents is fair vaue at US$25K tonne, a nice long term metal price?
The lower the metal price the higher the PER.
The higher the metal price the lower the PER.
MeluaWhy would one buy a share that they think will trade on a...
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