sla sp in 12 months

Alright after some discussions looks like we'll settle for this scenario (albeit very conservative).

DEMAND - you get an elmo showbag with your first purchase

SUPPLY- This is with the existing facility producing 120,000 courses per year (see April 08 announcement)

NET PROFIT - $US350 per course (likely to be much higher)


ALRIGHT THE CALC with 210m shares (includes contribs)


*** DRUM ROLL *** The price of SLA should be in 12 months assuming Ropren is the only product it sells and a PE of 25.

120,000 x 350 = 42m net profit


@ PE of 25 with 210m shares= $5.00 per share.


TADA!