looking at tcisboss' post:
"The Scheelite concentrate sells for $360 per mtu produces
220,000 mtu of scheelite concentrate a year at 360 per mtu
79,200,000
now we have to take away mining costs of $ 89 per mtu after Moly credits
And you are left with proft of $271 per mtu
220,000 x 271 = 60,162,000 profit per year"
Lets use annual profit of 50mil. Earning per share is 50mil / 700,000,000 shares = 7c per share, then use a conservative multiple of 5 = 35c per share!! This has spectacular potential!
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