Citigroup said today in their research on Zinifex that if one was to use current spot prices to deternine profit then fy06 would bring in a figure of 790mil and fy07 - 1026.
They then said that that would bring a p/e for 06 of 4.6 and for 07 of 3.6.
With the price of Zn expected to hold at least at current record prices then the above could become reality.
I am going for the ride..
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