IRL 0.00% 0.2¢ india resources limited

sp of irl be worth what by year end, page-2

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    With initial production of 450,000 tonnes of Ore a year through the concentrator what will SP be worth?

    Very Basic Calcs

    450,000 tn * 1000 kg * 2.2 (lb conversion) * 1% Cu grade (assume full extraction) * $3 lb for Cu = US$29,700,000 Gross

    Double that when they get the concentrator to 900,000 tonnes production plus then further upgrades.

    With shares outstanding of 81,789,065 I expect we will see $1 + soon especially towards December when mining is expected to be in full swing.

 
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