Correct. Working on $0.12 - but probably not anticipating getting to that level for another 2 years. Hard to tell what the project's margin is per tonne until we see updated fiancials but with all 8 smelters going I can find approx $0.02 per share of earnings on a fully diluted basis - assuming 2Bil shares in existence - that clearly assumes that all outstanding options get exercised.
TND Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held