earning forecast based on todays quarterly

Just did an earnings forecast based on todays prices, costs and production figures and then multiplied it by four

used that as the basis of future production, prices and costs.

assumed century would cost 69 cents to produce a lb of zinc, price sold = 53 cents US, production 284,847,164 lbs
and a lose of $45,575,546

also assumed averbury would continue to run at a lose of $13,052,088

2,071,760 lbs x -$6.30 = -$13,052,088

Also assumed there would be NO Promininent Hill

ALL other operations are producing profits
the most profitable is sepon copper @ $41,958,451

Ok that I think is about as bad as you could imagine

but quess what we would still be going concern and would make .067 cents aussi per share

Profit for this quarter was $38,575,119

for four quarters $154,300,476
no of shares = 3,255,743,086
eps = US$0.047
exchange rate is A$1.43 = US$1
eps = A$0.067

prominent hill is supposed to produce 110,000 tonnes of copper per year and 75,000 oz of gold by the way

it is easily far and away the jewel in the crown and it isn't due to get into full swing till next year

so imagine that

consensus forcasts for next year with prom hill are

2009 2010
EPS 18.0 28.6

lets halve them

.09 '09
.14 '10

on a forward PE at $1.12

we are 12 in '09
and 8 in '10

still good value

you never know metals price might go up from here