Hey Apataki, thanks for the referral....good to post the link if...

Hey Apataki, thanks for the referral....good to post the link if quoting published info. A good read so thanks.

http://www.theaustralian.com.au/business/opinion/metminco-well-placed-to-ride-copper-rebound/story-fnciil7d-1226330741244

Say cost of $900/oz gives $750/oz profit @ $1650/oz
100,000oz * $750/0z = 75,000,000
PE of say 15 = 15 * 75,000,000 = 1,125,000,000
say 400m FPO to incl. plant - 1,125,000,000/400,000,000
SP = $2.81
thats a 5 bagger minimum...on one asset alone. Of course it would take at least 2-3 years to achieve that so still a great investment!

JAzza