Has gotten ridiculously cheap,
Still being looked at like it did in the GFC but risk level has been reduced massively as debt has been paid down and new operations are bringing in massive returns. Have seen many companies in this situation where the market turns on them after capital raising and restructure then they bounce hard later. An amazing company has risen out of the mess and has not yet gotten anywhere near the appreciation deserved, if anything it should be trading at a significant premium to book value and definately not at a large discount. Current p/e is 5.18 according to morningstar and that is while base metal and silver prices are down. This baby is as solid as a rock (excuse the pun) but is being treated like a speccie. Rerating will come hard and fast, hopefully after the quartilies but at least at these prices I cna pick up more cheap :o).
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Has gotten ridiculously cheap,Still being looked at like it did...
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