white ants v bots , page-9

PE will be higher whilst the early growth trajectory is higher. Will then settle down towards industry average as she matures.

Think about fact that we have the current share price with zero income so the price is purely on potential.

Assuming 1000oz per month will become 2000oz in say two years then a NPV now using PE of 25 is really a two year fwd PE of ~12.5.

What we need to know however is what is the growth plan and can they meet it.

ASX Code Security Description Earn share ? P/E Ratio

MAD Maverick Drilling 0.01 2600.0
TAM Tanami Gold 0.2 485.0
KRM Kingsrose Min 0.44 303.4
GOLD ETFS Physical Gold 63.17 260.0
ILU Iluka Res 8.6 195.7
AGO Atlas Iron 2 188.0
MMX Murchison Metals 0.37 179.7
BCI BC Iron 1.59 161.6
SXY Senex Energy Ltd 0.31 140.3
AWC Alumina 1.88 99.7
PNA PanAust 4.79 76.0
RXM Rex Minerals 2.64 73.7
TRY Troy Resources 5.82 72.7
RRL Regis Res 4.17 69.1
KZL Kagara 0.89 66.9
PPP Pan Pacific Pet 0.19 65.8
ATM Aneka Tambang cdi 1.91 65.4
OZL OZ Minerals 18.7 63.6
IRN Indophil Res 0.54 63.0
ALK Alkane Res 3 58.7
TGS Tiger Res 0.79 57.0
EAU Eldorado Gold cdi 34.34 55.0
ACZ Atticus Resources 0.33 54.5
AOH Altona Min 0.57 50.9
UML Unity Min 0.3 48.3
MLS Metals Aust 0.08 47.5
III Icon Res 0.2 46.5
OSH Oil Search 13.97 45.9
LEG Legend Min 0.08 45.0
ALD Allied Gold cdi 6.45 43.9
TRM Truscott Min Corp 0.47 42.6
IXR IMX Res 1 42.5
EWC Energy World Corp 1.8 37.5
ARH A'asian Resources 0.57 36.8
ADE Adelaide Energy 0.37 36.5
ATN Ashburton Min 0.11 36.4
NGX Norseman Gold cdi 1.02 34.3
SAR Saracen Min 1.99 34.2
SEA Sundance Energy 2.1 31.9
NXS Nexus Energy 0.7 31.4
SRZ Stellar Res 0.42 31.0
GBP Global Petroleum 0.78 30.8
APG Austpac Res 0.15 30.0
AZT Aston Res 36 29.7
AKI African Iron 1.05 29.0
GDO Gold One Int'l 1.81 29.0
ELM Elemental Min 4.72 28.9
AZX Auzex Res 1.56 28.8
NCM Newcrest Min 144.1 26.9
TRH Transit Hldgs 2.51 26.7
AGG Anglogold Ashanti cdi 32.39 26.5
SLR Silver Lake Res 9.25 25.9
DGR D'aguilar Gold 0.36 25.8
ITR Interra Res cdi 0.66 25.8
EXS Exco Res 2.56 24.2
CNA Coal & Allied Ind 500.3 23.5
MLD MACA 9.5 23.2
GCL Gloucester Coal 38.6 22.4
ROY Royal Res 0.76 21.7
STO Santos 59.8 19.9
FMG Fortescue Metals Grp 31.06 19.7
PFM Pacific Mining 1.3 19.2
NST Northern Star Res 3.03 19.0
SBM St Barbara 10.42 18.7
WPL Woodside Petroleum 200.73 18.6
MCC Macarthur Coal 83.3 18.5
KIS King Island 1.14 18.4
CAH Catalpa Res 8.47 17.2
HIG Highlands Pacific 1.48 17.2
IGO Independence Grp 33.16 17.1
CGX CGA Min 14.76 16.4
KRL Kangaroo Res 0.89 16.3
KCN Kingsgate Cons 52.3 16.1
FML Focus Minerals 0.43 15.8
DSB Delta SBD 4.64 15.7
GBX GB Energy 0.09 15.6
MCR Mincor Res 5.9 14.4
WSA Western Areas 39.6 14.3
MRE Minara Resources 5.04 13.9
MML Medusa Min 56.12 13.3
BTN Brighton Min 1 13.0
TXN Texon Petroleum 3.94 12.7
AJM Altura Min 1.3 12.3
BHP BHP Billiton 331.41 11.9
GRR Grange Res 3.93 11.6
RMS Ramelius Res 13.9 11.2
SNE Somerton Energy 1.59 10.7
PNR Pacific Niugini 3.71 10.6
PMQ Planet Metals 0.81 10.5
RIO Rio Tinto 731.53 10.0
OGC OceanaGold Corp cdi 20.69 9.8
FAR FAR 0.34 9.7
NRL Newland Res 0.82 9.6
MZM Montezuma Min Co 3.9 9.5
TEG Triangle Energy 0.42 9.5
CVN Carnarvon Pet 1.7 9.1
NHC New Hope Corp 57.9 9.1
OMH OM Hldgs 9.58 8.9
GNM Gujarat NRE Coal 3 8.7
CAP Carpentaria Expl 2.85 8.4
MLX Metals X 2.75 8.4
CUE Cue Energy Resources 3 8.2
PDZ Prairie Downs Metals 1.96 8.2
MGX Mount Gibson Iron 22.14 7.4
ZIM Zimplats Hldgs 182.27 6.9
ABY Aditya Birla 18.32 6.8
PAN Panoramic Res 24.7 6.6
DTE Dart Energy 9 6.5
RCO Royalco Res 6.52 6.4
ABU ABM Res 0.82 5.9
PTS PlatSearch 1.53 5.9
TBR Tribune Res 40.35 5.7
RND Rand Mining 10.94 5.5
CFE Cape Lambert Res 9.78 5.2
MUM Mount Magnet South 1.78 5.1
MEO MEO Aust 3.36 4.8
PEM Perilya 14.1 4.5
DRA Dragon Min 28.96 4.4
GLL Galilee Energy 4.16 4.3
TMM Tasmania Mines 31.9 3.9
TTY Territory Res 14.23 3.5
SSN Samson Oil & Gas 3.77 3.2
UTO U308 3.39 3.2
BTR Blackthorn Res 16.29 2.9
IDG Indago Res 143.8 2.5
LRF LinQ Res Fund unt 30.7 2.4
GDN Golden State Res 0.63 2.2
VRE View Res 0.69 2.2
EEG Empire Energy Ltd 7.94 2.1
IRM Iron Mountain 4.49 2.1
CXM Centrex Metals 16.49 1.9
ADY Admiralty Res 3.01 1.7
AZZ Antares Energy 26.56 1.7
GGH Global Gold Hldgs 2.28 1.5
MPJ Mining Projects 2.16 1.2
MDL Mineral Deposits 434.32 1.1
MDA Modena Res 2.63 1.1
INL Intec 1.64 1.0
SNV Sinovus Min 1.51 1.0
ALB Albidon cdi 18.52 0.5
TKG Takoradi 67.18 0.5
CDG Cleveland Min 107.9 0.3
ORN Orion Gold 7.17 0.2