CBH 2.60% 7.5¢ coolabah metals limited

all in, page-13

  1. l
    448 Posts.
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    re: earnings per share future profits The 300k was concentrate, approx 55% Zinc ( i recall?)
    Don't discount the value of the lead, copper and silver, the add significantly to profit as it is all additional to the Zinc.

    The Hartley report used quite low prices in 2008, depending on your perspective on future base metal prices it is not too hard to generate a $2 - 3 per share value for CBH post 2008

    The Hartley $2.49 price assumed spot prices would continue into the future, the lower value used conservative future prices

    regards

    Peter
 
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