Hi there gang , any body out there done a costing of RES projected profits using FSEs released info,???????????PITMAN , your involved in mining , how do they stack up ,?? what profit pa is RES or FSE looking at if they get into production with 6 mill pa of the black stuff looking at FSEs figures it looks like there is a profit margin of around $16 per ton , is that correct??????? ,
$16pt x 6 mill tpa = $96 mill , is that how it is?? i know a lot of us have held this stock for many years now , so may be some profit numbers will give us a lift ,
regards
stured
RES Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held