fair pt, and I didnt include the tax to give a rough estimate given that the net profit margin I gave was on the conservative end of this historically low cost producer
The net profit margin was around 0.3 in latest half yr report ,but nickel price they got at that pt was MUCH worse than the pcp where the margin was approx 0.4.
For e.g 400mill revenue*0.4 margin * 0.7 (for tax)/130mill shares, gives us 0.861 EPS figure
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JBM
jubilee mines nl
fair pt, and I didnt include the tax to give a rough estimate...
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