12m X $150 X 20 years = $36,000,000,000 divided by two to allow for expenses (future drop of iron ore prices) = $18,000,000,000 divided by two to allow for equity partner = $9,000,000,000 divided by 442m = $20.36c per share
ARH Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held