Thanks Flevine,and thanks Earnie.Let me know if you get tired of...

Thanks Flevine,
and thanks Earnie.

Let me know if you get tired of looking at my image :)

These days I'm wearing my hair a little shorter than in the pic ... (maybe this is where I should pause and say hummmmms)

I reckon tomorrow will be an interesting day for the s.p.

I noted the slides didn't include speculate on a takeover by BHP though....

If they're turning over $57M in five years time, and with 6.4M shares at present (from half year report = loss divided by loss / share) then revenue / share would be $8.90 (assuming no more shares issued).
If earnings are about 10% of revenue, then earnings / share would be $0.89.

Say between now and then they issue twice the number of shares already on market. This would reduce earnings to about $0.30/ share.

Dividend of 10c looks good :)

Now you experts can tell me what's wrong with the above assumptions...

this is going to be fun to watch..