Volume of copper 40,000 tonnes ( plus )
Volume of Gold 26,400
Cu price per lb. US$3.07
Au price per oz. US$1,240.00
Interest charges 10%? -20,300,000.00
costs excludes admin etc US$-84,000,000.00
shares on issue 1,661,675,855.00
cash receipts US$270,651,200.00
Earnings US$166,351,200.00
earnings per share US$ 0.10
earnings per share A$ 0.11
PE 12 $1.31
All of the above is rough but good enough to base the conjecture on and does make $1 look achievable even without stage 3 or a higher copper price. (but not next week) It will take a little more patience than the proverbial attention span of the gnat typical of many of today's "investors" and I'm warning people I WILL be saying I told you so
AVB Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
