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12:28
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Originally posted by shadowboxer1
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Lighten up Buddy everyone tries to to predict future earnings to work out expected returns of their investment, I will do what works for me and you do whatever you do. Use current capital expenditure if you wish it makes little difference to me. Your a farmer right? Is it wheat? Do you just work the paddocks ploughing, seeding, spraying without knowing how many bags an acre you need to break even at harvest time?
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S.B - your numbers look like a reasonable hypothesis although I dont know they will get $7500 after O.W comm per ton delivered into china as concentrate ( not refined copper ) so you may be a bit high there - One (big) assumption you are making is profits will be paid as dividends - What about plant expansion extended mine life or M & A ? - Yes I know thats not on W.M,s radar but what about the Chinese directors and the other major shareholders ?
