Lory says: RB uses gross profit instead of net profit. All attempts to educate on correct value methods are useless. Everyone is entitled to their own beliefs, it is his/her problem though in the end when accessing value.
Ragingboom says: You might want to take a look at KIWI67's forecasts when he determined 2.7 cents earnings per share. My figures included 10 million for a processing plant. The one we have is just about ready to feed Manganese into the Sinosteel agreement and has come in at less than 2 million. Also, l usually assess a value rather than try and 'access' it! lol
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