Ann: 10,000TPA ENVIRONMENTAL IMPACT ASSESSMENT REPORT STATUS, page-32

For the P/E perhaps estimate earnings instead of revenue.
I think the real variable here is margin per tonne... we have seen before what happens when demand gets hot, and imo the current prices (and margins) will be blown out of the water in the next 3-5 years. Perfect timing.
It is not inconceivable, imo, to see a $10k margin in a few years’ time...?
2ktpa is just our de-risking stepping stone towards the “proper” scale of 10ktpa.
At that point, imo, it is possible that we could be making $75-100M per year and with a red-hot sector it is also not crazy imo to assign a P/E of 15 or even 20, depending on what other growth plans we have at that time.

Plenty of speculation but DYOR!

Time will tell.
I’ll be here!
Gltalth


Imo
DYOR