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New High by Year-End?

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energyi - Thu, 02 Jan 03 :

For the Header:

20.6 million tonnes:
METAL- : Grade... : Contained Recov. Price =
Gold-- : 3.1g./t. : 2.1 mn oz x 76% x $312 = $ 498mn : 33.8%
Silver : 68 g./t. : 46. mn oz x 75% x $4.4 = $ 152mn : 10.3%
Zinc-- : 3.2% .: 1,488. mn.lb x 78% x $.37 = $ 429mn : 29.1%
Copper : 1.2% ...: 552. mn.lb x 50% x $.70 = $ 193mn : 13.1%
Other : Sulfuric Acid .................... = $ 200mn?: 13.6%
NET MINEABLE .............$1650mn - $xxxmn =$1,472mn : 100%
Cash Costs ..........................(70%): $1,030mn
Net Cash before Capital cost, tax, etc....:.. $442mn (is something wrong?)
Market Cap.: 65mn shs x 12p = £7.8mn x 1.60 = $12.5mn (2.8%??)

NOTE:
The rise in Gold to $340, adds:
2.1 x .76 x (340-312): 1.6 x 28 = $45mn
x 3% MktCap multiplier = $1.34mn /1.60= £0.84mn
/ 65mn shs= 1.3p

We Need for that 3% Market Multiplier to improve towards 5, 10, or 20%


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