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Ann: Placement, page-17

  1. 306 Posts.
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    2 weeks salary or whatever it is, is a drop in the ocean to the potential of Winchester. As per my above example, even if Winchester was only quarried for 1yr at 200ktpa, it would still make an NPAT of A$9M. That's an earning per share of ~3c. At worst, the company will be a cashed up shell even if it never produces from Winchester ever again.
 
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