not sure that 200mil was profit, but revenue, but we have good margins on that, but that was about present likey production as i understood it. the 5bill referenced was about the recent merger valuation. i have watch about a doz interviews with SB, and thought the first half or more was his worst, but second half much better.
all good, as we are grossly undervalued in any instance at less than 500mil....very had to believe with the income to be had that we are valued so low.... payback on the mining is was said, not on this occassion, but 2 years,, it will be much less now if we go to quick rebalance of account. If lithium goes to 1400US which is possible in 3 months then 1year. i agree with some other posters that $1.50 SP is easily possilbe if we grade ourselves along side others in the sector on multiples, eventually many will see the other trading at 20x revenue and us what about less than 3? did i get that right.
CXO Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
(20min delay)