Back of the envelope calcs $USD:
sell price $150lb
AIC $32lb
2,500,000lbs sold a year (ramping up to 3.3mil max under current license)
GP $295,000,000
issued shares 353,000,000
EPS 0.83
P/E 16 (13.5 ave for mining)
$13.37
AUD/USD 1.3
$AUD17.38
Market cap $AUD6 billion
Would appreciate comments/corrections - always looking to learn.
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Back of the envelope calcs $USD:sell price $150lbAIC...
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