Cotton & Western Mining Inc. (CWRN)

[microcaps1]

Just responding to your assumed 1 billion shares after buyback and retirement of BOD shares,using calculations by company same as itmd.

The calculations can't be challenged-just the uncertainty of the timing in the twilight penny world.

112,500 dmt/month at full production and current 168 spot is 225 million/year revenue,with 50% net profit(once full production is achieved)times a typical PE of 15-do the math.