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Share
16/04/13
06:43
Share
As predicted , there are errors.
Let me try again. I'll do it based on $95 / tonne and see if I can't cheer sydney up.
1.5 million tonnes.
$95 bucks / tonne.
$70 Cost of production (still very conservative)
=$25 / tonne x 1.5 million = 37.5 million dollars.
Halve with Vijay = $18.75 (thanks TTG)
18.75 million / 352 million shares = 5.3 cents per share.
At a P/E of 4 (thanks Clacoste) = 21.2 Cents Per Share.
Plus exploration upside and the coal as mentioned.
Is that right now?
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