Wow!Thats not how to work out a price.Best thing I can suggest...

Wow!

Thats not how to work out a price.

Best thing I can suggest is if you dont want to be burnt is to educate yourself on valuations, read books on the market and get your general knowledge up.

I can see from earlier posts that you posted an article on manganese and related it to CMC who are producing magnesium.

Not sure where you got the tip but if its from a mate then your really investing in your mate and not the stock. Not altogether bad if he has proven record, but if you really want to learn the caper and take an active interest about what things mean then just start reading.

For what its worth 61 cents is great, but if they get to producing 105,000T a year by 2014 Id seriously hope we are talking dollars not cents.