GBG gindalbie metals ltd

rest?, page-9

  1. 207 Posts.
    based on GBG's latest January presentation and profits of $127.00 a ton based on current spot prices I am expecting significantly more than $2.00.

    $127.00 * 8mil tons * = approx. 1 billion profit

    discounting 50% based on ownership and applying a pe of 15 we have a share price of approx $8.00 a share.

    Happy with $4.00 though, dont want to be too greedy.

    Cant wait for 30 million ton production
 
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