Jason, yes you are correct. There are 1,167 million shares I got the wrong info from the MRE annual report. So yes we have 10% more shares on issue than I posted. I guess that we should also add in sales of Cobalt some 2000 tons pa. At US$15/lb So we can add another $80 million pa. But with the 40% to 60% deal with Glencore the closer figure is an EPS 16.44 cents per share. So I guess we're both were only half right. Thanks for the input.
MRE Price at posting:
$1.11 Sentiment: Buy Disclosure: Held
