SDV 1.19% 41.5¢ scidev ltd

Hello INL followers,I did the sums on INL gross earnings per...

  1. 430 Posts.
    Hello INL followers,

    I did the sums on INL gross earnings per share based on the following:

    No. Shares - 556,787,206
    Zinc Price - US$4,527 per tonne
    Forecast Prodn - 65,000 tonnes per annum
    INL has 50% share

    and I came up with 26c per share gross per annum. Could someone validate this and what your comments are vs the share price. I see value here with 29c share price. Seems to me that there is so much upside potential in this company..
 
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