1MC 3.03% 3.2¢ morella corporation limited

Ann: Managing Director's Presentation to AGM, page-15

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    18000 TPM @ 900AU per ton = $16 200 000.00 PM
    12 months = $194 400 000.00
    PE 0f 8 = $1 555 200 000.00
    / 1.8 Billion shares = 86.5 cents per share.
    Hows that for a High Five!

    Allow a 25% discount for debt and we're looking good for 60 cent SP in the very near future.
    Hows that for a bit of intelligence to boot!
 
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