Sorry slight error.
kalenn,
If RE's drop back to $30pkg
It means Revenue (11,130t x $30,000 per tonne) = $334m
Expenses inc admin (11,130t x $9,000 per tonne) = $100m
Cash Profit = $234m
PE = $234m/1.657b shares on issue
=> 14 cents per share.
Current share price is $1.47
Therefore PE = $1.47/0.14
PE = 10.5
Correct me if my calcs are wrong. I have used your figures.
projected income and expenses , page-13
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