I've been playing around with figures and thought I would share...

I've been playing around with figures and thought I would share them with you all. My very rough calculations based on 5.5 bill of ore, less all the costs, comes in at a net income of $200m per year say for 5/10 years equaling $1.23 per share pa. Multiply that by a low p/e say of 4 equates to around $5 per share. Now I know I've taken lots of liberties and those figures, SOI etc., will change, however further discoveries are almost inevitable. So, I have been astounded at the sell down recently as markets usually are far sighted. Its seems that many have not done the basic FA. Once the feasibility study is done, watch the SP soar. All IMO...