"$500mil MC - To be fair to WG, he didn't specify a time period to reach it. "
No need to be coy and plead ignorance here. A $500m MC places a company somewhere near the 250 in the Top 300.
The $500m MC folk have an EBITDA typically somewhere between $100m- $300m for those companies
Using the oft quoted $150k/t graphene sale price:-
the tonnage, and lets be generous because FGR runs on the cost of an oily rag plus huge salaries,... lets use $100m and all revenue = EBITDA
so when sale of tonnage = 666 t.pa FGR might have a MC of $500m. As a very generous minimum t.p.a
You can figure out yourself just how many pairs of boots that means, or Small Sats, or tins of FireStop or, bless them, BEST batteries. Henderson can do 90 tpa.
....he didn't specify a time period to reach it. ... and that as they say, is the rest of the story.
Lets face it, 1% in composite material will mean someone is selling 66,600 tonnes of bucket liners p.a.. Really? The Queen Mary weighs 81,000 tonnes to put that in perspective.
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FGR Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held
