ABY 1.94% $1.01 adore beauty group limited

Based on the quarterly they look set to produce close to 55,000...

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    lightbulb Created with Sketch. 28
    Based on the quarterly they look set to produce close to 55,000 tonne of copper in FY 2011.
    at average prices over the last year that is close to 470 million USD worth of copper
    Average operating costs for the year, depending on what has been released should be around 250 million AUD

    That means EBITDA is going to be close to 220 million. And after tax earnings should be around 155 million.

    That is an Earnings per share coming close to 50 cents for a company trading at 1.27 dollars

    Is there any other mining company on the ASX that trades at this PE or is my calculation flawed - kindly point out any errors
 
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