Vayama is a qulaity poster - but seems to have pushed the send button a bit too often!!
As all the workings appear to have gone from all threads now - here's the numbers he ran for those that missed it.
7 days is pretty harsh - but we love you mods!! (sigh!!)
Looks as if MAK will be cracking some big numbers as we get closer to April drilling.
At $400 tonne phosphate base case 2M tpa x $300 margin divided by 120M shares on issue x 0.6 tax = $3 EPS or $30 target on PE ratio of 10.
at $400 tonne high case 3M tpa x $300 margin divided by 120M shares on issue x 0.6 tax = $4.50 EPS or $45 target on PE ratio of 10.
Plus MAK has other HUGE projects...iron ore...tungsten..flourspar...
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Vayama is a qulaity poster - but seems to have pushed the send...
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