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Ann: Consolidation/Split - ELT, page-19

  1. 194 Posts.
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    At current tin prices and based on the old economic model the Oropesa project throws off over $80 million a year.There will be approx 160 million shares out so that equates to around 50 cents a share.Give that a multiple of 6 (which is conservative) and you are at $3 a share.
    No allowance for Cleveland.
    No allowance for higher production.
    Yes.It can go five times from here.
 
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