Ann: Rincon Project Update, page-100

"2000 tonnes at say $17500/tonne at $4650 opex per tonne = 2000*12850=25.7M of which 77.5% is ours = 19.9M (tax and the USD to AUD cancels each other out). So we have 19.9M profit with 1,017,502,141 shares = 1.957cps."

$17500 per ton? Maybe have a good look in the PEA parameters from your company first before spewing more rubbish.
US$4650 OPEX are based on 10k plant.

Obviously you and the market are still in the dark as Agy have not updated the market on what the OPEX will be on 2k tpa or 1/5th the production of the PEA scenario.

It is a well known fact that there is a huge discrepancy between Aust companys vs US equity market companies with Aussie companies PE ratios being commonly up to half its American counterpart.

My estimates are for the 2k tpa plant it will have margins of around $7500 x 2000 = $15mil earnings p.a
PE ratio will be similar to ORE's at 7x for a market cap of $105mil on current SOI that's 10c per share.