market will soon open its eyes imo
the business is starting to show early signs of self sustaining
just need the next couple of campaign runs to go smooth & I reckon people will start crunching some numbers
As they ramp up, FY 14 & especially FY 15 gonna look superb
did more digging over the weekend
their 2nd campaign run from Jul-Aug produced 133t ferrotungsten, making $8 per kg, 60% split for now
2-3 additional production runs till end of the year?
FY14 onwards, name plate capacity= 4000t headstock, at 75%= 3000t contained metal = 3m kg, operating at 60-65% full capacity= 1.8m-2m kg ferrotungsten products per year. do the maths here how much goes to bottom line, and I read somewhere $8 per kg is lower end of estimate?
the other 40% ATC = $7.5m, Hartleys expect 150m shares to be issued. hellllo? 5c?
market will soon open its eyes imothe business is starting to...
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