Stash, Mals numbers are correct, $250kPA is what it costs in salary - you have mark up, on costs etc....
I think the profit will be higher!!!
Assuming some of the contract carries over into next year, i would bet turnover for the year at say $70M with net profit say a conservative 10% as i am sure they will hold something back....
Not sure who is writing the announcements- from the announcement i get approx $18M in additional revenues factoring in Rio- i suppose that is the same as greater than $5M....
The cherry will pop on this one, i predict a 12 to 14 cent share price once they confirm a full year forecast of say 5 to 7M..... And that is being conservative, we may even get to 18c to 20c if people start factoring in some blue sky.... After all there will be a bigger premium if pple get on board early...
could be a nice surprise for christmas or even earlier...
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Stash, Mals numbers are correct, $250kPA is what it costs in...
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