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Re: W3Research post# 47473

Sunday, 08/05/2007 12:01:27 AM

Sunday, August 05, 2007 12:01:27 AM

Post# of 79921
August 17, 2006
"Projected profits from its mining operations are of likely to come in around 10-15 percent of gross revenues."

I'm not sure if there were adjustments after that but if that were to hold true that would be $132 to $198 million (over 5 years).

Lessee... with a 10x multiple (not saying that is possible) at the 15% figure this contract alone would be worth about .20/share (using 2billion shares.... 1/5... 1year of 10x$198million).

;)








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