To a numbers illiterate mug investor (me), that interview about...

To a numbers illiterate mug investor (me), that interview about numbers (and strategy) with Ignacio was very impressive....thanks Big Greg for posting it...and well said Ignacio.

Using those numbers and the back of an envelope, I conclude:

In 2026 we mine 500,000 tons. (Upping to !,000,000 tons down the track...but sticking with 500,000 for this numbers exercise)

We sell them for 490 $/Eu per tn....say 400.

Our operating costs are 90/tn...say 100.

Profit is therefor 300/tn....@ 500,000 tns, that's 150,000,000 $/Eu.

With 389,000,000 shares on issue....say 400,000,000.....that's 0.375 $/Eu profit (dividend?) per share.

That seems pretty good for a 60c share.

Could a real numbers person with a bigger envelope please insert the correct calculation (or, hopefully, confirm mine).

Thanks

Yours in simplistic/naive-optimism Al Dinga....cheers