Ann: Quarterly Cashflow Report ending 31MAR10 , page-9

1 billion market cap is possible. MCO could currently be sitting on a PE of about 1.5 assuming you are right Rob. ie 80,000tpa plant could potentially produce A$800.00 profit for every ton assuming historical grades continue and the costs are low.

Thats $64 million profit with the present market cap of about $90 million. If this was in North America and those figures were correct, we could be close to that Billion mark.

Add to that the explosive outlook for gold, and any news of extra production from the many high grade regional dykes and we'll have new investors in a frenzy. LOL.

Ari

Disclaimer: At least little guys can dream.