valuation

Hey Guys,

Interested in valuations and potential divi's going forward on moly.

Say for arguements sake $50mill is distributed to shareholders with EBIT of $117m less tax, opex and exploration.

Say THR ends up with 250mill shares fully diluted (quite a few oppies out there) and add 50mill extra for capex funding (maybe more).

Then thats 20cents per share divi.

If we take Oly's "Megabear" PE ration of 6 thats $1.2 per share.

At a PE ratio of 12 than that $2.4

Am I on the mark here of have I missed something?

I see Oly has used 60cps but dunno how he gets that.

Either way huge upside. Interested in thoughts.