Applied Minerals Inc (AMNL)

[odi33]

I think that was the number I remembered as well. so would this then be correct:

"Our US distributor has assured us of 5,000 to 8,000 tons annually. Our Oriental distributor has committed to purchase 500 tons monthly of our product at $445 per ton."

conservatively taking into account no additional orders: 11000 tons annually * $267 = $2.94 mil profit / 40,000,000 shares = $.07/share from this property...