Good old fireside chat, page-10664

Currently ASN is pending for Hazen 's results for other minerals, Bromine, Boron and Iodine, which seems very promising from the recent 04 Feb, 2019 Ann, if ASN obtained good result from Hazen for at least one mineral, which put ASN on derisk position. 

Diversified minerals means low risk, so I am looking forward to the good results. 

According to the Ann 19 April, 2018, I would like to roughly caculate the value of ASN as I did last year, coz I cound not find my previous post, so just do it again. 

Bromine 2018 price is USD4, 500/ton, Iodine 2016 price is USD20, 500/ton, assume produce both 10,000 ton respectively, so, 

1. Bromine:
4,500*10,000 = USD45,000,000/per year

2. Iodine:
20, 500*10,000 = USD205, 000,000/per year

ASN has roughly 500,000,000 shares on issue. 

So,  ASN earnings per share = 45,000, 000/500,000,000 =USD0.09( Bromine only). 

The mining company PE is around 10 times, 

So, ASN share price for Bromine only is USD0.9