thanks juk - you're dead right. The figures below look a site healthier for 10,000 tonnes of Li and 44,000 tonnes of potash,
cheers,
Ray.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
Tonnage Li Price Earnings
10,000 6,500 $65,000,000 (LITHIUM).
44,000 290 $12,760,000 (POTASH).
$77,760,000 TOTAL
Less OPEX $35,000,000 $42,760,000 EBIT
Less Tax 30% $12,828,000 $29,932,000 NPAT USD
AUD $1.00 USD 0.9
AUD = $33,257,778 NPAT AUD
SHARES = 280,000,000
EPS = $0.12 EPS
P.E. 15 $1.78 P.E.
SHARE PRICE = $1.78
Combined share price = $7.02
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