RE: Retrace over?9 Jun 2017 10:52
Hi MM,
Not really my area but to use a comparison or 2 I have seen mining companies trading at 15 X P/E but bear in mind these are multi-national, dividend paying companies with multiple operations & prospects.
For RBW, at the moment half of that is the dream we we get to paying a Div i'd say, if they use any profit to fund further exploration then one day we could be at those levels but again this is purely speculation...