POS 20.0% 0.6¢ poseidon nickel limited

Ann: Appendix 3B, page-7

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  1. 405 Posts.
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    Red, Pardon my ignorance - 3.1 billion shares sounds like a lot but relative to earnings per share, how do you see it? There was a figure of projected earnings $288 million ??? for 1 year or was it lifetime of SS. at $21,000 Aus per tonne of nickel. I am not sure of the math but for the exercise, if earnings per share is a/ one cent and b/ one tenth of a cent, what would/should /might be the value of each share in each case?
 
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