@paulm1866
I wrote an article ages ago around this revenue at current extraction rate of $680 million per annum.
Since the with the AUD adjustments and commodity price increases this is now $692 million per annum.
Add the latest announcement of 5% higher extraction and separation rate, as a "very basic guide" add this to the revenue as well and we are now at $728 million AUD per annum, without and expansion in production or exploration of the 90% of remaining tenements GGG owns in the same area.
Quarterly earnings - $168 million
Weekly earnings - $14 million
Daily earnings - $2 million
Insane numbers at current pricing and extraction rates GGG has
All while been the lowest cost producer in the world.
The COVID-19 storm:
Records low interest rate for banks to invest sets a perfect landscape for GGG to negotiate with credit facilities to ML approval to production.
Another consideration that has been overseen over investors. The financial discussions around interest rate on loan repayments etc will historically low right when GGG goes to borrow.
2022-2024 Share price - $4.00 minimum possible of $8.00
Easy...
Hold do not sell.
GLTAH
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