not too shabby eh!, page-20

Mining and Processing costs: = $24.27 per tonne

Number of tons: = 30 mt * 1.24% = 372,000 tonne of Copper

Revenue: @ say $AUS6,600 per tonne = $2,455,000,000 or $2.455 Billion

Costs 1: Mining and Processing @ $24.27 per tonne = $728,100,000

Costs 2: Admin @ say $10 mill per year??? = $100,000,000

Costs 3. Financing/Infrastructure/Transport = $500,000,000

Cost 4 Royalties 2.5% * $2.455Billion = $61,380,000
Gross Profit = $1.065 Billion

Net After Tax (30% and 2.5%): = $746,000,000 or $746Mill Billion

Net after Tax per Year: = $197,065.575 or $197.1 million

Assuming 150 million shares,

EPS: = $4.97 (after tax) Total 10YR Mine Life

EPS Annual = $0.497 (after Tax)

PE ratio 5 = $2.50 Share valuation

This is a more realistic, but optimistic valuation.
Assumption: $A3/lb Cu - longterm Cu price LOM

Assumed 3Mt from Year 1. (unlikely)