58000 x 3000 = 174,000,000 ($174 million usd)
- 58000 x 900 = (52,200 million uds)
They are going to make at least $90-100 million usd every 6 months, less capital expense and taxes $20 million - $30 million, with gold at 3000 !!!
The currency conversions over A$140-$150 million 6 moths !!!
We would get pretty close to Lynas on those numbers and they are near $6 billion !
The only problem is that EMR needs to find more and more gold + underground + new mines
Cap ex will eventually need to go way up !
Ann: Emerald's Growth Strategy Underpinned by Okvau Excellence, page-25
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