Im talking about the next 2-3yrs, if demand picks up by the time we are built and in operation of 20k which is prolly 2 years away at that level , aurroras offtake will be in operation as they have haled prod and are working in inventory. Chances are that global demand will pick up steam yr on yr worldwide. We will only be in some type of operation in 2021, and id say at 20k capacity by 2022. By 2023 demand will be higher and INVENTORIES of aurrora will be sold down. By 2023-4 and onwards we will supply all australia Nz the asean and will ship some over to aurrora. The no of patients in australia will triple at 50% compounded patient growth. Phase 2 and 3 are very long term propositions. The initial stage one 20k will demand a lower capex and lower loan. They can do a cap raise for stage 2 and 3 when the markets are HOT again for MM stocks when demand picks up greatly over time in all world markets. Look at this with a 3-5yr medium outook . 40c is nada. In 2-3 years u cap raise for stage 2 at a share price $1-1.50 range plus some debt. Stage 3 u cap raise at high prices w a 1bill mkt cap in 4-5yrs. Look at the medium term. 40c is a joke! If u believe in the growth of MM in the oz mkt at 40-50% compound growth in patients , then well be OK supplying it to drs and chemists via Symbion. By the time were fully at 20k itll be 24mths away. In 36mths the patient numbers will double and half. Patients have ongoing monthly need to buy product. Thisll help tonnes of old ppl w deseases. Itll be great. Just wait 2-3 yrs medium term horizon. By that time global demand will pick up big at some pt due to the biggies halting production and offloading inventories. Remember - its the Recreational thats slowed down big in terms of %. MM is down in demand but not by near as much as recreational out of bulk product if u check ACBs books. MM will kp on keeping on. it has a BRIGHT FUTURE. Sit on it at 40c give or take for 1-2-3 yrs then lets see where shes at...
- Forums
- ASX - By Stock
- CAN
- AC8 mkt cap 70mill at 40c we at ZLD THC MXC lw end of town mkt caps
AC8 mkt cap 70mill at 40c we at ZLD THC MXC lw end of town mkt caps, page-76
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.41M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.3¢ | $4.901K | 145.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 4278 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.033 |
6 | 1985018 | 0.032 |
7 | 304288 | 0.031 |
11 | 2533334 | 0.030 |
4 | 83112 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 4278 | 1 |
0.036 | 60000 | 3 |
0.037 | 50000 | 1 |
0.038 | 362496 | 2 |
0.039 | 36000 | 3 |
Last trade - 15.59pm 16/08/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |