RE: Fresh Presentation!OK, these are my calcs which are just for fun and totally hypothetical although I get similar results to you and the consensus estimates for 2008.
Using average U price of $140 USD, cash cost of $13USD and net margins of 55%, 384 FD shares, production as per latest company presentation, converting US$ x 1.10 & SP of $16 Cdn. I get PE multiples of;
PE Multiples at $16.00 (Cdn$) share price
2008 9.70
2009 7.27
2010 5.57
2011 4.57
2012 3.74