Champ you are off - i said 15c ps for 2,500 tons p.a production.
2500 x 10000 (after costs) = USD25,000,000 at 61% EBIT = Earnings of USD15.25 mil or approx AUD22 mil at P/E of 10x is a market cap of AUD220 mil over 1.4 billion shares on issue = 15.7c per share
AGY Price at posting:
7.5¢ Sentiment: None Disclosure: Held
