Yes, I would agree if profits reach the $20mill mark without much stockpiling then my guestimate is for sp of around $1.05-$1.08 but my feeling is profits will be around $16-18mill probably more like $1.02 mark.
I think the cost of pullling out the copper has risen this quarter due to higher fuel costs.
If thats the case then the exploration results that are now gathering momentum need to be very good come the end of september to push the sp up around the $1.20.
So lets hope there aint much stockpiling and the exploration results are worthy of the touted mineral rich DRC.
K
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