GOLD Price $912 /oz

Production/yr Net Profit Net EPS SP at P/E of 5
oz ( $US Millions) ($US) ($US)

80,000 40 0.29 1.42
90,000 45 0.32 1.50
100,000 50 0.36 1.76

GOLD Price $1012

80,000 48 0.34 1.71
90,000 54 0.39 1.93
100,000 60 0.43 2.14

GOLD Price $1112

80,000 56 0.40 2.00
90,000 63 0.45 2.25
100,000 70 0.50 2.50

GOLD Price $1212

80,000 64 0.46 2.29
90,000 72 0. 51 2.57
100,000 80 0.57 2.85

GOLD Price $1312

80,000 72 0.51 2.57
90,000 81 0.58 2.89
100,000 90 0.64 3.21

Just some very rough calculations based on a fixed Net extraction cost of $412/0z, outstanding shares fixed at 140 million (Fully diluted) , and asuming the company has zero outstanding debt (?after 1 year).

Cheers, Luker