SMM 12.5% 0.4¢ somerset minerals limited

brr announcement what did it contain folks, page-33

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    paul 100

    If you look at TMR's own figures, i think they forecast an EBIT of $250 m plus in 2010 - granted this was before they deferred Lichkvaz, but I'm sure they will now throw themselves behing ramping up all their copper production.

    So let's say they achieve an EBIT of $125 mill only in 2010 , half what they promised - isnt that close to the current market cap anyway?




 
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