Good news with the studies and I have taken the liberty of ignoring the member named GBB on here.
It has been a while since i have updated the resource estimate in accordance with the increase of the commodity index.
Please note I have converted all current commodity prices to tonnes, so when you are reading the below, it is streamlined.
GGG Revenue / Once Producing in line with Current Commodity prices:ND / Neodymium - 4,300 Tonnes Per Annum
@aud $154,686.94 per tonne =
$665,153,842 per annumPR / Praseodymium Oxide - 1,400 Tonnes Per Annum
@aud $109.33 per KG =
$153,062,000 per annumUranium Concentrate - 1,000,000Mlb's Per Annum
@aud $39.61 per pound
= $39,610,000 per annumEU / Europium Oxide - 30 Tonnes Per Annum
@aud $61.34 per KG =
$1,840,200 per annumTB / Terbium Oxide - 45 Tonnes Per Annum
@aud $2,154.18 per KG =
$96,938,100 per annumDY / Dysprosium Oxide - 270 Tonnes Per Annum
@aud $511.50 per KG =
$138,105,000 per annumFluorspar -12,420 Tonnes Per Annum
@aud $548.16 per tonne =
$6,808,147 per annumZinc Concentrate - 6,060 Tonnes Per Annum
@aud $3,800 per tonne =
$23,028,000 per annumGross Revenue Per Quarter Generated up GGG mining:AUD - $281,136,322 (million)
USD - $215,424,353 (million)
Yearly Gross Revenue:AUD - $1,124,545,289 (billion) per annum
USD - $861,697,413 (million) per annum
Looking incredible with these commodity prices pushing upwards, amazing work by the holders in this forum who can use a Casio calculator and have been adding more of this equity / increasing their positions.
Personal Price Prediction in 2020I stated $4.00-$8.00 per share on the ASX.
New Price Prediction now we are in 2021The spot prices across GGG commodity portfolio and what they would ship per annum has increase 28%.
Adding this to my 2020 share price projection for when GGG is up and running i estimate now you would be looking at $5.50-$11.10 per share on the ASX.
Next Argument:Someone on here will work out the market cap of $5.50 to $11.00 per share and go through the traditional HC argument.
Follow the commodity prices and reference that the above tonnes per annum and gross revenue generated is only based off their 10% proven resource of their 37 year initial mine life.
This is not including production up ramping or further resource / discoveries of resources in their regions.
GLTAH, wish you the best
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