Ah, you're right again, as usual ... i had forgotten to add the PP paper to shares out, and the PP cash to the kitty ... you can likely add a penny for interest income to date, so ~.68/sh eh ... although the expenses may have increased since they're actively researching deals, but i highly doubt that there's a burn rate happening, we're likely still enjoying a healthy P/E, like keith says.
One non-SIer I know [hola A.-g-] has a few jdx now but is still hoping to catch a position in the .70s in the event of a general market selloff, and if not he'll be in on the run, he figures .95 on volume is a breakout.
No, i haven't seen dmw's powerpoint file - don't have that plugin on my hard drive and am leery about putting too much stuff on it ... i suspect it's quite dated, i think i remember it being there last year, not sure though. Yes, beaucoup paper out on dmw, eh ... thing is, I smell M&A action, also proximity to positive cash flow on Yetwene and Luo alone, also a startup on Koidu now that Sierra Leone is settling down ... it's got a market cap of less than twenty millions US today, and when you line that up against the assets, it looks ultracheapo to me. Even for Africa, which - granted - is a horror show.
If I had the cash I'd be picking up cnb ... also suf, they have an interesting JV together in Brasil ... also wsp, today [what the hell are people thinking!] ... more aah, more camp on the Nas ... and hey - also more jdx -g- ...... cheers |
