$CNMC Goldmine(5TP.SI)$
Our positive view on CNMC Goldmine has not changed. Our target price of S$1.34 is based on a 10-year discounted cash-flow on a long-term gold price assumption is US$3800. Earnings will further spike up from the 55% production jump over two years, and we expect special dividends.
Source : Paul chew phillip security
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Comments
Watch out for CNMC to up-surge once U.S Fed interest-rate cut in coming days.