Supermapes, you have your head around earnings much better than I do. It would appear that due to feasability study there wouldn't be any earnings in the states until 2012 given that there would be no plant building until the study says it's a goer. June 2011. That gives a 6 month time frame at best to either build or upgrade an existing plant. I would assume that Alcoa would also do a pre feasability study should they sign up, so the time frames at a guess would be similiar. The earnings potential is enormous, but to me some distance off. So it depends on how the market perceives this announcement as to whether the share price reflect current or future earnings. Your thoughts?.
MHM Price at posting:
$1.47 Sentiment: Hold Disclosure: Held
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