Understood EAR will be looking at feeding 600ktpa 2017 ...so with BML 1mpta we still will have 700ktpa free capacity ....now say we get yet another lease deal and have the plant running full tilt @ $6 ton charge would see 13.8mill to MKO...even if the plant is only running EAR/BML is 1.6mtpa @$6 is going be a nice 9.6mill paycheck to MKO
-then talking of fair value with the above ....88mill Mktcap- SP-20c is a good start IMHO
MKO Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held