What am I missingwith costs of 118 a tonne ( opex and capex included)
current price of around 200 a tonne ( and only going to go up as population grows)
around 82 a tonne times 3 million tonnes a year equals 246 million
under 70 million shares is 3.50 a share
using a 20-1 P/E we could be looking at a 70 dollar a share. I know I am missing something.....can someone please help me.
p.s and these numbers do not incluse the Titanium credits !!