copper now $1.23c/lb($2,700+)/t, page-5

my calculations for anvil coppper has risen ...30%..or ..$700 since november .
Anvil has been in the mid forties since november .
20000 tonnes of copper times $700 =$14m US
In AUD , about $18m pa extra profit after stage 2 in june
Anvil has 206 million shares on issue , fully diluted .
so $18m divided by 206m gives us around 8.5 c
extra revenue per year .
Lets use a conservative P.E. of 6 to see what value we should recieve on our shareprice .
8.5 multiplied by 6 = 51c
Thats what Anvil should have risen since November.
Anvil has not moved from its mid forties trading range since that time .
When we get a trigger this stock will explode like very few do .
Anvil will have annualised profits of around $45m AUD after stage 2 ,and if the same conservative P.E. of 6 is used ,we have a company that should have a market cap of about $ 270 M AUD ........or ....$1.30 .
When Anvil lists on the canadian stock exchange I would expect Anvil to be trading on a P.E. of over 10
which would give us a market cap of at least $450m
or about $2.20 per share
Thats a hell of a long way from 47c.
Also bear in mind this doesnt include blue sky from their other projects and exploration ,or a rising silver and copper price .
The end result from my calculations is that this share has the capacity to quadruple on present fundamentals alone .
cheers ,Brenden