copper at 3.40 now .. what will tgs earn , page-3

My view,

TGS is in for a stellar year.

circa $60 M in the bank

Copper cathode production up to 60,000 + tonnes

World copper stockpiles falling through the floor

Demand for copper always increasing

Limited mines (new growth) coming on line

How low will copper stockpiles go before the copper price reaches new heights of $4.50 per lb

So lets speculate -

65000 @ ave $8,500 per tonne = $550 M in revenue

60% of $550 M = $330 M

Estimate 70% profit (remove 30% for cost of production, management and tax)

Total profit of $220 M around 25c per share.

Share price through the roof to $1.20 +.

Happy days.