brokers starting to upgrade minara, page-8

Actually it is 22.85 cents per share, better get that calculator out again.
That's why it's underpriced.
Nickel at US$8/lb

Nickel July 31,14:20
Bid/Ask 8.0513 - 8.0966
Change -0.0023 -0.03%
Low/High 8.0422 - 8.0989

Cost of production US$4.99/lb

Profit US$3.00/lb
Production 30,000 tons
Profit AUD$241.9 million
Number of shareholders 1,058,232,222, this includes Glencore's holding of 824,829,760 or 70.63%

EPS 22.85 cents

Minara is definately NOT overpriced at $1.10