"2. When the next set of annual results are released and the market sees some stocks are trading on mutiples of 1 - 3x."
We will be in that category in a little over a year.
I have us on a NPAT of over $100mill per year between Andash and Burnakurra.
That is per year and is close to our current market cap.
6 months earnings will leave us debt free (after we take on some debt to complete Andash).
Another 1 years earnings should pay for Jervois.
What do we do with $100mill per year after that?
Then once Jervois starts producing, what do we do with at least another $50 mill ontop of the $100 mill?!
$150mill NPAT puts us on a prospective PE multiple of much less than 1.
Pure madness and a great opportunity for those with a medium term timeframe.
notes on kentor from the gold symposium, page-75
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $59.56M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.5¢ | $5.25K | 50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 834999 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 24284 | 1 |
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| Last trade - 11.47am 19/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |