in the research report they are forcasting 8.6m net (after tax) cashflow (i assume that is profit) with a copper price of $3.18 (it is currently about $3.60)
EPS at 17c would be about 1c
so that would give a p/e of about 17
which is the figure etrade gives and matches the sector's average P/E
anyone want to elaborate on that?
for instance, how much have things improved (if at all) since the 30th of april (date of report)
