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georgecostanza

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30/09/17

08:47

Post #: 27567498
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Originally posted by GCar ↑

Hi Billyen,
Just a quick comment on the $1 vs Rincon point you made - it is quite possible that Rincon alone gets us into that ballpark.. Particularly if LCE prices keep rising. Say $10k profit per tonne, 15k tpa = $150m profit; put a P/E of say 8 or 10 on that, factor in some further dilution to get it up and running, and we're in the buck ballpark.
Whilst a China deal may be massive generally, our $$ gain from that might not be so large... Hope I'm wrong; guess it depends on how involved we are over there at QL.... Advisors? Operators? Tech consultants? Who knows yet, I'm just not sure how much we'd be likely to receive for being the enabler for QL tech-wise.
That's not to be negative at all; I certainly hope it's a massive and impressive deal that adds another buck or two over time ... I am happy to let Jerko and co do their thing, and wait a couple more years for that to unfold, grow and deliver!!
Excited!
Cheers

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well considering everyone has failed on Q lakes before, if AGY had the key to making it work you can bet your bottom dollar it will be for a serious share in the profits.

AGY Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $55.32M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
4	872154	3.8¢

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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0.041	670500	6
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