Even@ChinaSyndrome, who tried to rebuff my claim that even in todays market our operation is doable, , admits a positive NPV at today's pricing.
Sorry not so, I was pointing out that the NPV of US$83M you get using todays RE prices, neglected to take into account the US$6M.pa OPEX cost of the Magnets.
Admittedly they may show a corrected NPV of US$25M; but seriously, over 20 Years with 5+Billion shares already out there !!!!!!
Also I wonder what other costs have been omitted from that OPEX, very fragile IMO
Ann: FS DEMONSTRATES PROFITABLE MAGNET REO BUSINESS CASE, page-55
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Mkt cap ! $96.24M | |||
| Open | High | Low | Value | Volume |
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