Something is right., page-128

'Shares on issue June 30, 2015 3,371,232,303'

I guess that means that a profit of $33,712,323 would be EPS of 1 cent. Or about $3 per kilo.

This may be possible if REE prices rise. On rough numbers every $3 per kilo above break even would yield about 1c of EPS. If the average selling price were to double then there may be 2 or 3 cents EPS. Once above break even then production could be ramped up for further additional EPS.

So I can see a viable business if the sale price can be doubled, or at least 20% above the all in COP. A couple of years at that rate and the debts may be a little easier to negotiate.

Mind you there are many companies that would be great investments if their raw commodity were to double. Gold as US$2,000 an once would be one. If you read the gold forums and blogs there are twenty thousand reasons why gold will go up.