SOP production expected 3-4th qt 2020. and full production within 2 years, 370,000 T production pa.
Cost of production approx. US say $280/tonne FOB, so add another $20 US /T for whatevers .
Presently selling @ US $540/T
Profit ( dare I call it that ) $240 US/ T x 370,000 T pa , say $88,800,000 US ,
Say $US 89,000.000 into Aust $ @ .70 = $127,000,000.
124 million shares AMN shares currently on issue = possible $1.02 eps with say 70% div payout = .72 div.
So Panda how does this fit and what am I missing, the biggie is time to production and selling price in 4 years time!
AMN Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)