Shares outstanding 2.2B
FOP 385m
385m ÷2.2B =17cents
And that is at 180 per tonne which shall not last for ever so take another 40% from that and you have a slightly more realistic share price of 11 cents...all speculative of course..I do believe the share price in the short term may reach 17 cents.
As this is a discussion board that is merely what im doing...purely speculative...
Ann: Foxleigh Mine - Coal Price Update, page-43
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