Resource 900 million tons @.7% copper.
Proposed production of 280 million lbs/year.
At u.s.95cents/lb ebit u.s.$ 1o5 million.At 1.45 cents ebit=u.s.$ 231/year .
At todays copper price ebit would = u.s.$ 2.30/ share.
EQN share price A$ 0.65.
At selling 75% for project finance the remaining 25% could represent earnings/share in the order of A$ O.72.
Could be worth a few risk $.
Lash.
Resource 900 million tons @.7% copper.Proposed production of 280...
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