MSC 0.00% 6.4¢ minerals corporation limited

msc time will arrive soon, page-4

  1. 284 Posts.
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    Steve50,

    I like your optimism but have you done the numbers on your prediction of a 30 cent share price by December?
    With 1.5b shares on issue after the rights issue a 30 cent share price would give MSC a market cap of $450m.

    They currently have a market cap of $7m.

    $7m to $450m in 3 months?? 6000%+ return????

    I don't think so.

    A more likely scenario would be a share price of 7 - 10 cents IF they got the Skardon plant to full capacity of 175,000 tonnes per annum.

    Skardon River

    Tonnes 175,000

    Price $500.00

    Total Revenue $87,500,000.00

    Net Profit Margin 15%

    Net Profit $13,125,000.00

    Price/Earnings Ratio 11

    Mraket Cap $144,375,000.00

    Shares on issue 1,500,000,000.00

    Share Price $0.10

    Can Vic and co make this happen?

    I don't think so.
 
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