Ann: Subscription Agreement to Raise $100,000,000, page-29

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gracesteel11

2,060 Posts.

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10/07/20

17:41

Post #: 45786771
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Originally posted by Praetor ↑

I think you'll see the SP rapidly run up thru 10c on opening and carry on to 50c+. That 7.7Bn Midwest share parcel will be held in escrow for a year.

If anyone is good with valuations, please let me/us know because my figures based on # Total ANS shares 13.26bn, divided into $61B worth of IO over 25 years (35Mtpa x 10 + 35Mtpa x 15) minus $5bn in OpEx means we should see an SP ranging from $2.86 to $4.24 depending on the spot price of IO.

I used US70pt to get to $2.45Bn p.a (first 10 years) and US35pt on the $2.45Bn p.a during the second 15 year extension in my calc's. Quite conservative I would have thought. OpEx is usually measured by USD per tonne (say $21pt) but I put a $5Bn holder in place for that. Perhjaps it'll be $5Bn to get the IO to port and then more cost will be levied on top.

Are there any other comparable Mining Operations to Mbalam-Nabeba for which we can devine a common SP?

Either way, this is going to go off like a fire cracker on NYE. This proverbial toilet paper is going to seem more like gold leaf.

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Loving the optimism but lets calm down.. Party can start once funds are firm in hand.

As for relist price I'm thinking anywhere between 4-8c, with any luck we catch one of the rookie retail waves which could drive it anywhere.

SP will never be in the dollars unless you're allowing for consolidation

ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
7 Upvote

3 Great analysis

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Ann: Subscription Agreement to Raise $100,000,000, page-29

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