market cap versus metal , page-10

This still has a lot of upside potential to discover more resource, a number of leads (pipes) yet to be drilled plus drilling at depth.

doodle some more: for the upper target production of say 10,000 tpa

proposed production 2009
Copper production tons p.a. 10,000
copper price USD 7,500
exch rate 0.85
revenue AUD 88,235,294
30% profit 26,470,588
Less 30% tax 18,529,412
EPS 0.124
PE 8
value per share 0.988
No shares 150,000,000
present SP 0.15
% increase IF it works out 658.82%