based on the report (specially commissioned however), it is a no brainer, given the forecast EPS of 10 to 14 cents
i phoned CNF just now who said they do not need to raise anymore capital to commence mining
whilst I found it hard to believe, i hope it should come close
report is also based on not raising more capital
first years EPS is based on 794M shares and later years EPS take into account options being exercised
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CNF
continental capital limited
here comes the breakout, page-21
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