details of hedging - weep....., page-6

re: details of hedging thanks for the tip tubbie.. but i'll stick to my own methods. Hasn't failed me yet and haven't lost a cent on LAF unlike yourself and other bitter posters on the laf board.

You get 55m in first year at full production???? Geez, do you even realise that they will sell not only gold, but copper, zinc and silver?

Your figure is closer to NPAT than revenue.

I didn't say revenue was equal to their valuation. My point was that if the market was valuing them at 14/14.5c which is roughly 140 mil cap, then their P/E would be a lowly 1..!!!! Don't think so.