glittering prospects - smh 13/11 - fml 17 cent, page-53

hi champ,

">200k X $1753 (current price) is $350,600,000 revenue - right now?

>200k X $2k is $400,000,000 revenue

Pintohoo,

No companies market cap, P/E etc is based on Gross revenue.

It's all about the profit. Some will argue that it's all about the NPAT rather than gross profit??

I like to base calculations off the NPAT.

Let's just say that total costs remain at around the $950/ounce mark then on today's price the profit margin would be $819 per ounce of gold mined."

yes I know - that's why I used both terms - revenue and earnings - I never said p/e was based on revenue.

and like it or lump it - p/e is p/e not p/p

I do agree with your figures.

I do not agree we will have to pay tax next year - no way hose - royalties yes, tax no.

If you take the tax out - how do your figures look now?

btw, I didn't mind your figures of 22c anyhow :)

either way we cut it -- ANY of these figures is way way way north of 6c

can we agree on that?

have a good arvo

Pinto