that’s based on $19000 per tonne, try looking at $60000 per tonne and look at the numbers, then use throughput of 25000 tonnes per annum and you get closer to USD $1.4 BILLION in EBIT Now use a P/E ratio of 15 ( most likely 20 due to expected other minerals coming onboard and green river etc etc) and you get an MCap of circa USD $21 BILLION PLUS which I’m sure I don’t have to point out is more than 100 times our current SP !!And some holders don’t want to invest long term !!! PFF
ASN Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
