Macmin...Resources doubled, page-9

G'day again
Rabbitoh, I'm not very skilled at valuations, I'm figuring only 12c conversion in sept 05, looking at around 10c per share earnings at low silver price, more resources become viable assuming silver price improves, plenty of scope for resource extension as we have seen today. If the supply demand situation brings about a big price rise it would be very interesting. All here in sunny australia as well. Would be interested in your calculations. Check this Hartley Poynton research if your interested.
http://www.macmin.com.au/HPMarch02.pdf
cheers
Rod