Club Mulgoa

Friday, June 10, 2011

IGR

"With Integra Mining achieving all of its publicly stated targets and expansion plans to move to 140,000 ounces of production, it is difficult to fathom why the company is valued at a miserly $374 million against a forecast pre-tax operating profit of A$192 million. "

That is per annum... if the calculation is right.

That means within just under 2 years, the company will be worth more than its current market value before tax. I wonder how many companies are there on the ASX as cheap as this!

0 Comments:

Post a Comment

<< Home