Rambler Metals and Mining PLC RBMTF

Back of the Envelope calcs

[willyk3]

My back of the envelope calcs say that with all in costs at about 2.50 and current price of about 3.00    leaves us with about .50 on avg yearly production of say 16 million pounds    gives us about 8 million a year...but with say 500 milion shares out......jaaazuz we are looking at a lousy cent or two in yearly profit ...and thats in a perfect world!   No wonder Altius bailed on this puppy years ago. Course i havent factored in the gold, nor the other properties, not to mention the possible upside from the drillbit, or an improving copper price, or a decline in the canadian dollar....yada yada   Have i missed a decimal point somewhere...tell me  there is more here than i can see ....alot more....how did i ever come up with a three dollar nav years ago