Looks spot on ddzx, very close to my own back of the envelope calcs.
I know the exec team at Canadian company Hudbay very well..yearly npat of around $160m usd and market cap of around $3b usd.
So yes I think we are another Hudbay in the making.
Also just my two cents but I think it would be great to see execs do some buying on market and have some “skin in the game”.
Ann: Investor Presentation January 2018, page-4
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