From your figures 824,829,760/70.63% = 1,168 Million also so I'm not sure where 1,058,232,222 comes from.
Its a joint venture so 60% Minara and 40% Glencore. In addition glencore has 70% of the Minara shares. So of the 30000 tpa production Minara's share will be only 60% of that.
So the 10% more shares and 40% less production is why I only get 50% of your value for EPS.
MRE Price at posting:
$1.11 Sentiment: None Disclosure: Not Held