NGF 0.00% 25.0¢ norton gold fields limited

ridiculously cheap goldie producer

  1. 5,378 Posts.
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    at 15c, NGF new market cap is $62mln....

    and with the new gold price of AUD1350/oz.... operating margin should be at least $500, at production of 150,000 oz.p.a.. EBITDA is $75mln which is more than its market cap...... am i right or the market wrong????
 
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Currently unlisted public company.

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