value, page-2

Well "it all depend"

From what I understand most profits will go back to shareholders so a $1 div is approx $1.50 profit/share. With a PE of 10 thats $15/sh.
That maybe normal for a sustainable business but eventually the mine will run out of stuff to sell.
So the point is if there are confirmed 10 years of resources that would supply $1 per year would you pay $15/share ? I don't think so.
If it went to 40 years thats a different story. That's why people like JORGs and DFS etc
I'm of the opion that they will be mining for more that 10 years but at some stage that has to be proved before the SP gets to $15