OZL 0.00% $26.44 oz minerals limited

I did some Calculations on the amount of cash prominant hill...

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    I did some Calculations on the amount of cash prominant hill would bring in using todays prices as a basis pre tax.

    It will bring in $209,840,000 per annum.

    Assumptions:
    Copper Price $1.40 US
    Gold Price $970 US
    Cost per pond $0.80 US

    Estimated Production:
    Copper 100,000 tonnes
    Gold 80,000 ounces

    Yet banks arn't happy.

    We sure live in a different world now than we did a year ago.

    I agree BHP would not want the Chinese getting two much control of Base metals but whether they would be interested in bidding is debateable.


 
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