Based on 22,000 tonnes (which will be happening end of 2012)earnings on my rough estimates:
@$50 = 41 cents per share
@$100 = 92 cents per share
@$150= 165 cents per share
Hey, we're in the $4 club at $50 a kilo, no more contracts, no Siemens venture, no more activity at all. In fact the $9 club by xmas 2012 looks realistic. If you don't have a margin call DON'T SELL! If you do sell at these prices omgwen3rds is just going to buy them all:)
PS LAMP approval will see us back above $2.70 IMO
basket price falling, page-4
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