Interesting forecast for next F/Y EBIT between $2,150,000 (is that a misprint) and $20,300,000!
If we assume copper will average around US$2.50 lb (I am confident it will be much higher as BHP want more of it) then possibly $10,000,000+ NPAT 06/07 =$0.023c per share on a conservative P/E of 11x = a possible share price around $0.25c or a currunt P/E on 06/07 of around 4x
DYOR
Cheers
kawartha
SMO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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