compare that to the overall market which is about 15 times - suggesting a 3x bagger is realistic
don't forget mt morgan. feasibility study due in the next six months, and government approvals due this quarter. this alone will add another 40,000 - 50,000 ounces production.
and also there's talk of doubling production to 300,000 ounces at paddington.
that would give 14.6 cents eps and p/e of 1.8
so $1 in a year is very realistic. i have been soaking up the options, should be a easy 5 bagger.
NGF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held