AQJ 0.00% 20.0¢ aus asia minerals limited

2 mil mt coal production by 2012, page-22

  1. 846 Posts.
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    Hi Guys, Good to see things are going well for CES over here at the moment. I have sold out now, not really of choice but needed a house deposit of which CES helped somewhat(you gotta live right?).

    Just one thing Pachino, I think your earning calcs are a little out. If CES are producing their max. 2mill Mt at max $3us per Mt, then that would leave CES with yearly earnings around 7c per share, not 55c.
    ($6mill divide 82million shares)

    At 55c return per share per annum, that would be around $45million. Sorry if I got that wrong, but I think 7cps is more realistic.

    Good luck all

    Disco.
 
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