GDO 0.00% 30.0¢ gold one international limited

wage negotiation concluded, page-6

  1. 1,267 Posts.
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    Unike many junior gold cos, GDO is a producer. They may not produce 100K this year due to problems in Q1, but they will still make 80,000oz+ now that strike is over.

    80koz x $500 per oz (profit) = $40,000,000
    -30% tax = $28,000,000 / 805m shares = 3.5c per share EPS

    Production will be 150koz next year and potentially higher year after .

    Price should be at least 60c and share price is grossly undervalued given its producer status, low sovereign risk and large resource (plus exploration potential).

    They need to prove themselves a little bit. Give them another quarter or two and share price shall fly.

 
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Currently unlisted public company.

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