in any case $275 mill gross multiplied by net profit marginf...

in any case $275 mill gross multiplied by net profit marginf after tax of 30% = 82.5 EPS

with a little hedging they have theyll ake close to 80cps, NEXT YR though the EPS will be MUCH HIGHER if zn price holds where it is. Added production from beltana alone adds 17-20 cents per share each yr over the 3 yr life of the mine.

Also production should be at full blast , unlike this yr when the tragedy that occurred hampered production - this is a ONE OFF only.

based on next yrs full production from existing mines and the added proddy from beltana - the company is trading at a PE under 5

a company like this shouldnt be trading at a PE under 5