RE: I got a rough calc. of rev $0.31 for 2008These numbers are a good average over the year. But when the second ball mill arrives and they speed up to 140.000 oz/year in Mana around mid-summer we will see cashcost going down and we will hit $0.50-0,55 cf/share starting Q3-2008. If the drill results at Mana continues to look like they did in november, they can speed up the production even more.
Looking at a peer company like RBI.TO valued at p/cf=12 on 2008 forcast, we see that if we start to count SMF at p/cf=12 on forcast Q3-2008 and forward we will end up at over 6CAD/share after reaching full speed this summer.
Happy Trading