Just some back of envelope calculations:
NY - 15 Gw production
Valuation - US$2Billion / GW
NY - US $30Billion
MNS - owns 41% = US $12.3Billion = AU $15.8Bill
MNS - 560,000,000 shares
MNS - $28 per share
This doesn’t include any dilution.... but it also doesn’t include Townsville Battery plant and the German Battery Plant. Doesn’t include Nachu graphite mine either.
My point is that MNS will Be massive. MNS share price will not be in the Dollar range
Eventually MNS will be in 10’s of dollars when all three battery plants happen.
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