SER 0.00% 1.0¢ strategic energy resources limited

Bulletproof Graphene, page-40

  1. 10,075 Posts.
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    Agreed based on the recent spike in VXL, my own estimate is accurate on average SP over the past month to which the SP is now in downtrend towards. Very misleading to base any estimate on a 'conservative 2015 production' when the profitability of the company is a complete unknown and won't be known until the BFS is real eased. How can you make an estimate on the basis of unknown sales prices?
    Agreed the calculation will change once the BFS is issued but change in what direction?
 
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