Come on EE, wakey wakey you can do better than that ;)
All below is net after tax, royalties, opex, depreciation etc...simply put after all expenses.
US$33/lb Net profit x 1.5M/lbs p/a = US$49,500,000
US$49,500,000 x P/E of 10 = US$490,500,000
US$490,500,000 / 1,363,504,952 = US$.036 sp (AUD$0.395)
At 3M/lbs p/a = AUD$0.79 sp (assuming a P/E of 10)
Now how many bags is that EE?
:)
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