projected earnings18 May 2018 12:03
caveats: just thinking out loud/voicing opinion, plus i'm a novice...
Just looking at the PE ratio and projected earnings for this year - even a conservative estimate (based on target production of 58k ounces) could lead to a profit of 20-30mill - which is basically the market cap! what's everyones thoughts on that? Fear of placing(s) keeping lid on SP? or is my maths horrendously inaccurate??! (obviously nothings guaranteed and there could be myriad costs that i've not considered etc etc...)
Also, that's not to mention any positive exploration surprises - or is the consensus that there is nothing promising in the pipeline?