Premium lump currently selling for $96 aud. If that's turns out to be sustainable what will AGO share price do irrespective of forward sold contracts to unwind, shares on issue and current debt?
We are talking around $150,000,000.00 profit per quarter are we not?, once lower grade products and average sale price are taken into account.
With potential figures like the above, and 9 billion shares on issue we might be looking at a yearly profit of 6.6c per share. Do the usual multiples of earnings on 6.6c per share and what is the potential share price then?
There seems to be only ONE real question at the moment for AGO punters - What is the sustainable fe price going forward?
Are we about to witness spectacular share price increases on AGO similar to the massive catastrophe witnessed during the fe price crash??????????????
Is this the once in a lifetime event that happens every ten years unfolding now at AGO????????????
And obviously, if the fe price tanks below C3 costs again its rinse and repeat!!!!!!!!!!!!!
71c4
AGO Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
