back of envelope calculation we will have at least EPS of 11 cents for 2011 based on forward production and POG at these level with PE of 15 that is $1.65 so IMO $1.5 per share takeover is very very cheap takeover with zero valuation for ventburg and goliath and other prospects assets I will still stick to my valuation of 2.5 billion anyway I am not selling any share in hurry so bring it on with US dollar weaken further IMO gold price could sky rocket then GDO will be very very undervalued
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- revenue latest quarterly around us$37 million
revenue latest quarterly around us$37 million, page-2
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