re: proper valuation : i got it wrong Sorry guys, it appears I got the valuation wrong...
When I was doing the the valuations, it appears I was using a zinc price of $1.90 a pound. Well zinc at the moment is $2.04 a pound, so you need to add another 14c profit per pound.
So, you will need to add another $339 Million to their bottom line (1.1 Million tonnes zinc x 2200 (for pounds) x 14c).
Yeap $339 Million!! Thats about 4 times their market cap just added to their big fat future profit margin...
Could you guys be a darlin and sell me some more tomorrow?
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re: proper valuation : i got it wrong Sorry guys, it appears I...
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