possible profit this quarter..., page-2

Here's my rough attempt at working out PEM's probable quarterly outcome.... I'm making some assumptions based on the March report. These may vary so take this as guidance only.
Payable Zinc (constant) 13Kt ..... approx 28,000,000lb
Av Cost of production 50c (6c decrease due to higher by-product receipts)
Av Price per pound received 60c
Profit/lb = 10c
If the assumption are correct I'm tipping that PEM will announce a quarterly profit of US$2,8m
Lets turn this into a competition. Have a go!
Luck
Q