Hey LederpRemember the PFS is a legally binding document....The...

Hey Lederp

Remember the PFS is a legally binding document....

The numbers from the IDC PFS are as follows:

Over 8 Years
$2Billion Revenue
$800Million Cost

= $1.2Billion Profit over 8 Years

1.2Billion Profit / 8 Yrs =

$150Million Profit Per Year

And this is only at 2.1Million JORC! What is it going to be when the JORC lifts to higher levels.

BTW You need to read up on the Australian Accounting Standards with regards to your amateur understanding of Profit and Loss Reporting by companies in Australia.

AASB 133 EPS

States that Debt Repayments are not included in the P&L.

Debt repayments are not to be included in Profit and Loss Statement, hence will not be included in the calculation of EPS.

I think you need to do a little more homework before investing in ASX Listed Companies.

Again thanks for your interest in IDC!

Cheers Nectar