RE:Why is RBX so low. PE is less than 10. First, I must say that it is not Ghana but rather Guinea. In addition, the production capacity will not be multiplied by 3, but rather by 4.
The price-earnings ratio is not information that influences my judgment, in the current context. Nevertheless, it is indeed low and essentially determined by Nampala's operational results.
Currently, the market does not take into account the strong increase in revenues/profits that will be obtained with Kiniero, nor the value of the permit. If you don't understand, that's normal because Robex is an anomaly in the market. You have to see this as an opportunity.
In the worst case, I believe that this anomaly will be corrected when the new plant is in operation. Otherwise, it will be corrected by then. For a long-term investor, this situation is interesting because it makes it possible to accumulate shares at a reduced price; with mineral resources continuing to increase; the conclusion of the debt financing; the progress of the construction of the plant; increase in POG; ... Just take your time and buy small quantities because there is regularly someone ready to sell.