fox recommends as a huge growth play.., page-10

Jay just a quick question, how are you getting your numbers? Especially 15 mil for the 1/4

On the 23rd Dec they state that 73000t will be exported this quarter from Ferreira so I'm guesing we will have about 22000t domestic and from Vlakvarkfontein 400000t domestic

So 422000t domestic at $7 margin (high est) = approx 3 mil
so to make up to 15 mil for the 1/4
ferreira export will have to amount to $12 mil
12mil divide by 76000t = $157 profit margin
And the spot price is $128 and their gross average sale price to the 17/12 has been $106

Also the Market Cap my numbers come up with
2,668 mil shares @ 8cps = $213 mil (undiluted)


Maybe my figures are wrong and if someone can show the discrepancies It would be appreciated