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[H2]Results for Australasian Resources' Share of JV[/H2]

Earnings after tax in:
first year of full operation A$m 100
first 10 years of full operation A$m 2257

NPV after tax at 8% in Year 1 A$m 2683
NPV after tax at 8% in Year 5 A$m 3541
NPV after tax at 8% in Year 10A $m 4269

Shares issued 490m
Price per share:
[B]initial A$5.47[/B]
Year 5 A$7.23
Year 10 A$8.71
at P/E of 12 - Year 10 A$7.03