LNR 0.00% 0.3¢ lanthanein resources ltd

And just because I fell like being even more fantastic and...

  1. 1,102 Posts.
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    And just because I fell like being even more fantastic and hysterical let's look at the value of the initial drill area per share.

    Number of shares (fully diluted???) = 294,455,036

    PROFIT $2,380,000,000 divided by SHARES 294,455,036 is equal to $8.08.

    What's that at a PE of 20?

    OK I'm sort kidding but I think the general concept illustrates the potential value here.
 
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