Hi everyone,
Good to see some playing with figures happening, they give us a good indication where we are going.
The copper price have constantly outperformed the analysts predictions so far and probably will do so in the future.
With China and India keeping their growth rates up we can expect a continues high demand for copper hence high prices.
Even with a very conservative copper price of say US$2 this company will have and EPS of US$0.69
US$2.50/lb =EPS US$0.97
US$2.75/lb =EPS US$1.11
US$3.50/lb =EPS US$1.54
And that is for the copper only
I have been saying the writing is on the wall for all to see.
The only thing I hope now that they will go down even more before they start to run so I can buy even more.....
good luck
jojo
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