MGT 3.57% 27.0¢ magnetite mines limited.

MGT $ 1.00 TARGET PRICE 2024, page-277

  1. 33 Posts.
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    Tim recently stated NPV would be in the Multiple $bn. In terms of production we will sit somewhere between CIA (10-13Mtpa) and GRR (1-2.5Mtpa - I think). Tim's assertion seems about right, with 5Mtpa that would put MGT at ~$2bn MC at full rate production. I am going to assume at least 50% dilution - nothing comes for free. Our SP is $0.355 with MC $34.95m meaning we have ~100,000,000 SOI.
    So the value of your MGT portfolio at full rate production will depend on the % of the company you own factoring in dilution.
    That is:
    Portfolio value = shares you own now, divided by SOI now, times dilution of 50%, times MC of $2bn
    For example:
    Given; 100,000 shares owned now
    Portfolio = 100,000/100,000,000 x 0.5 x 2,000,000,000
    Therefore your portfolio at full rate production = $1,000,000
    Now 100,000 shares is currently worth $35,500.
    If we get to production and assuming my calcs are reasonable then winner winner chicken dinner. $35k becomes $1m
    If we don't? well your $35k becomes zero
    What will you be worth? it's either a lot or nothing ATM
    GLTASH DYOR
 
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