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09/03/22
09:06
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Originally posted by IP56:
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Hello fellow ANS holders. Can someone check my calculations and see how far away I am from the potential annual earnings are for us in the company. I understand that the port and rail can transport and process 120MT per annum. With the current IO price sitting around US$150mt (current prices). Am I right by thinking we will be turning over almost US$20B per annum? If my fingers are not fat and my eyes not giving out, wouldn't that make the company's market cap somewhat interesting. I really have no idea what that might be, so if any of you guys or ladies understand how a valuation model could be applied (Very Basic, no doubt). I think it would be a good social experiment to see how real or ridiculous the numbers are. As always take care and have an awesome day IP56
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I guess a M C of 15 bill not out of the equation These are EPIC style mines with nice grades BRING IT ON