ANS austsino resources group limited

Ann: Subscription Agreement to Raise $100,000,000, page-87

  1. 1,690 Posts.
    lightbulb Created with Sketch. 160
    LOL...

    I hope "ANS" goes to some silly price. I Really Really do.

    However at this stage if the monies come through tomorrow, and we get the suspension lifted
    then I believe 3/4 cents would be realistic current (Current MC plus new $100 million in the bank )
    Market cap $400 million--3c per share ($400 million / 13 billion shares)

    6 months - L8tr
    Permission need granting -- EG Mbalam and Midwest
    potential adding a further 16 cents (thats if both can be got)
    market cap $2 billion--- 15c per share ($2 billion / 13 billion shares)

    12 months to 24 months - L8tr
    "ANS" will need to establish that the infrastructure can and will be developed
    (Probably take 6 months to a year to get the wheel barrow rolling- remember total around $10 billion needed --this aint peanuts to get)
    if this happens then we see that the ore "MIGHT EVENTUALLY" get to market 1 year later
    market cap $4 billion - 30c per share ($4 billion / 13 billion shares)

    2 years to 3 years L8tr
    To build the infrastructure - guesstimate 1 to 2 years
    during this period "ANS" will slowly get rerated on the "ORE" in the ground (JORC)
    market cap. would then equate to ore in the ground - this is where the big jump should occur EG 30 cents to $
    market cap at that stage would be ???????

    $1 a share "ANS" would have Market cap off $13 Billion Dollars
    And that to me represents where ANS can possible go --

    Remember FMG = 49b MC

    To get from the start
    "money in the bank"
    to the final re rating IMHO "3 years"


    Others on here are better at speculating value in the ground of the ore than me
    things like yearly production capacity and mine life are variables that can change the whole sum.
    lets just say if we get to the end then we have many many years of extremely nice returns.

    the above My thought process's only and the timeline --
    Well its an educated guess.

    Feel free to correct anything as i said my thoughts only and based on what i know today

    Lets hope tomorrow is the start of the road to a $1 dollar share price (unconsolidated)

    Really - DYOR


 
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