hold on...brain malfunction. 650k T/p month @ AUD$10 = AUD $6.5m net. YES. NET.
stupid me.
3MT/per annum = AUD $30MILLION NET (@ $10 p/tonne margin)
5MT/per annum = AUD $50MILLION NET
8MT/per annum = AUD $80MILLION NET
at $14, all the above go up 40%. even @ 3MT production, we will blast our market cap in NET Profit per year. Even at a conservative p/E of 8, we should be worth $240M market cap minimum, implying a 6-8 fold increase from our pathetic 30~40m mkt cap....
we need to get our funding in check, once accomplished, this is a no brainer
6c SINO? Really? or 24c? Ill hold thanks!
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