GREY:AVGCF - Post by User
Comment by
twonxanityon Dec 13, 2010 1:42pm
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Post# 17839004
RE: RE: DetVicMackey
RE: RE: DetVicMackeyGreat analysis, I also prefer using CF multiples as I think in mining it gives a more realistic picture. I need to check what 2012 multiple SMF trades at since they have less than 300M shares, cash costs around 450 and I believe 260 000 ounceas of production.
I just pulled those numbers out of my head but I think they are about right. Semafo seems to be our target and so it seems there is a decent difference between our multiple and theirs. Granted they are in a different tier than us.