Kenneth. Your figures below seem high. PH was to produce 100k tons a year, you have 187k tons. Something does not add up here, i would think some more rubbish details from management.
the numbers man here...lol
that is 600 tonnes per day six days a week
2204lb per tonne
187,200 tonnes per year or 412,588,800 lb
$1.50 per pound cost $1 profit 50c
412,588,800 x 50c = $206,294,400
$206,294,400/3.2bn shares = 6c
pe 10 x 6c = 60c
roughly
not including gold
OZL Price at posting:
$5.75 Sentiment: Hold Disclosure: Held
