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04/09/19
15:58
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Originally posted by Fredy:
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Dear T and others, If it can help..see below On the assumption that: - No fresh equity is raised - The forecast cost of production of US$5.10/pound is met - The forecast production of 8,000 tonnes per annum is achieved - The current nickel price of US$18,000/tonne is maintained - The AUD/USD exchange rate remains at 67c Then potentially Black Swan could be operating at a gross profit of circa A$70m per annum. Given it currently has a very short mine life of 3 years I would not expect the market would pay a large premium for the shares but a share price of 8c – 12c would not be unreasonable. This is what can happen soon. this is just the starter. But expect it much higher something like 15-25 cents soon.Waiting for a TH for a great menu (offt atke agreement, news buyers, and son on) for a 50 centsand sp value and the desert for my retirement 1 buck even 2 .Nothing less Fredy
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Go Fredy! You're keeping me hanging on!