That type of valuation method is so misleading that the regulators actually forbid advertising that way.

First you have to build the mine, which costs money.

Then you have to mine the ore, which costs money.

Then you have to process the ore, which costs money.

Then you have to ship the product to market, which costs money.

By the time that's all done, we are left with approximately $6B, or $1.5B for our share.