Originally posted by bigben101
I think $1 is not far off, if we end up making $100USD per ton and we are able to mine 2mtpa then the math is quite simple.
$200m usd to be split 60-40 between cka and other bbm holder, which leaves $120m usd.
Lets say its 50-50 split, which would mean a $60m USD profit p.a. lets say $70m USD with PCI.
Currently that is $97m AUD p.a.
With 700m +/- shares on issue, $1 would only be a P.E of 7.
I agree with your fundamental deduction, bigben and I hope that the new CEO will engender credibility and market confidence so that Mr Market
can confidently look forward and price CKA accordingly.The past year saw CKA's credibility hit rock bottom.
