galaxy, the bonanza no one cares about., page-17

So on extremely rough back of the envelope figues - say it's $3000/tonne production and we sell it for $6000/tonne - that's a $3000/tonne profit - minus other costs plus sales of the waste products - so on 17,000 tonnes per annum that's a profit of $51,000,000. On a P/E of 10 that would value the company at $510M - comapared to the under $290M now. That's without valuing the James Bay venture and future battery plant.