it would be on the lower production curve I guess, on the phase 3 to 105,000 mts per annum I calc aud 3 per share if those costs is in line as per prospectus
the ferro aq would add to valuation, not much from memory i think it was some aud 4 per annum, but if you would be able to add a p/e it would look a whole lotta different.
should see a quarterly report out this week... if not a receivership notice lol
we just need some sort of further info on the plant production, that should be enough I reckon.
CMC Price at posting:
13.0¢ Sentiment: None Disclosure: Held
