ok i have corrected Nevs figures and the only changes that needs...

ok i have corrected Nevs figures and the only changes that needs to be made are

mining costs are 3.40 per tonne this applies to the whole throughput...
and processing costs of $14.07 which applies only to the tonnage of ore as you are treating the copper not the dirt

and a 20million dollar per annum charge for interest costs.

this gives no upside for wilgar or any other finds


Mining 30mt *3.40 = 102m
Processing costs: $14.07 per tonne of copper ie 372000*14.07 =5234040

Number of tons: = 30 mt * 1.24% = 372,000 tonne of Copper

Revenue: @ say $AUS8,000 per tonne = $2,976,000,000 or $2.976 Billion

Costs 1: Mining and Processing = $107,234,040

Costs 2: Admin @ say $5 mill per year??? = $50,000,000

Costs 3 Finance costs of say 10% on $200m = $200m for life of mine

Net After Tax and Royalties (30% and 2.5%): = $1,767,825 or $1.77 Billion

Net after Tax per Year: = $176,825,575 or $176.8 million

Assuming 150 million shares,

EPS: = $1.18 (after tax)

Applying a PE of say 7 => $8.26 per share