At $40,000 tonne Mpama South EBITA $187m for 7 tonnes annualSo Mpama North (12tonnes) EBITA should be about $315 for a total of over $500 million in 2 years.
That is close to $.50/share and would provide a substantial dividend increase with a stock price of
$4.50 to $5.00.
In the meantime we could likely see $50,000 tonne and perhaps a revision of either or both mines annual production increase owing to higher grades at North and more reserves at South through increased drilling results.