Average Annual Production & Price
AG 3.3m. oz. slw 3.3X.75=2.475M OZX$17.40= $43,000,000
PB 30.1m lbsx$1.02=$30,702,000
zn24.5m lbs x $.98= 24,010,000
PB + ZN 54,712,000 TOTAL
AssumingPB & ZN credits of $54,712,000 to pay for all mining cost, overhead, & taxes. That leaves $43,000,000 net Profit after taxes divided by # of shares 43,000,000=net profit per share $1 x mult. (PE) of at least 20=PPS of $20 next year.
I do not believe price of PB & ZN will maintain those prices but will go much lower & the price of silver will go much higher...over $30 oz with PB & ZN mostly covering all cost.


























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