new announcement, page-15

Kenneth. Your figures below seem high. PH was to produce 100k tons a year, you have 187k tons. Something does not add up here, i would think some more rubbish details from management.


the numbers man here...lol

that is 600 tonnes per day six days a week

2204lb per tonne

187,200 tonnes per year or 412,588,800 lb

$1.50 per pound
cost $1
profit 50c

412,588,800 x 50c = $206,294,400

$206,294,400/3.2bn shares = 6c

pe 10 x 6c = 60c

roughly

not including gold