can they produce, page-14

RP @ $155/tonne and 1mtpa would be about break even on the following figures

RP $155/t
OPEX $100m
CAPEX $50m
TAX 30%
1MTPA

1 x 155 = $155m - 100m - 50m = $5m
minus tax = $3.5m

EPS = $0.03

So with 1MTPA and RP of only $155/tonne this baby still makes money. Then of course this should be just enough to pay the directors etc.

It can only have upside from here 3MTPA with RP at $400/tonne will give the following

3 x 400 = $1200m - 100m - 50m = $1050m
minus tax = $735m

EPS = $6.62

So with only a PE of 1 this current price will give us a 4 bagger.