Labrador Iron Mines Holdings Ltd (LBRMF)

[Lonewolf6]

My take on future PPS.

Time to make some potential share price potential for the new amalgamated company.
About 300 million shares.

Let us use $125 a tonne for revenue and assume the costs of extraction and operating and administrative costs provide a margin of 60 percent. That would mean profit of $75 a tonne.
At 2 million tonnes annually the profit would be $150 million.
Using 300 million shares would provide an EPS of $.50
At a multiple range of 8 to 12 times would indicate to me a price per share of $4.00 to $6.00 which I feel is realistic.
But we must be operational and have contracts and selling.

Just my thoughts.