In 18 months one assumes we have offtakes and the plant built and the offtaker being supplied.
40K TPA x a conservative $1,000 USD basket price profitability = $40M USD = $57M AUD
$57M AUD x PE5 = MC $285M MC
$57M AUD x PE10 = MC $570M MC
Thats not taking into account a better basket price average and its not taking into account the predicted market forcast of the 500um product that we have that I have already calculated to be potentially worth an additional $28M AUD.
As forecasted for 2020, 15% of our product (500um) could increase the company profits by an additional 50% over and above.
FREE HIT on the Namibia, Northern Ireland, Scotland projects.
Will we get a whiff of Lithium in Namibia - with 90km of outcropping pegamites I like our chances.
Will we find Gold in Northern Ireland with our VMS gold targets. MOST DEFINETLY.
Not 1 VMS target but 3 VMS targets.
Dalradian to the south and Galantis to the west.
The GOLD operation, Dalradian, was recently taken over for $550M and their gold source could very well have flowed from our tenement.
Will we find Lead, Zinc and Gold in Scotland, most likley with the historical quarries in the surrounding area and the very high sample readings appear to hold promise.
So many ways it could play out indeed.
Selling your shares now and CRYING later is definetly one of them : ))
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