M4M 7.69% 2.8¢ macro metals limited

300588 it depends on the timeframe. If you are talking...

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    300588 it depends on the timeframe. If you are talking immediately after some announcement about finance then the sp could jump anywhere from -1c to 8c, may be more but I doubt it. If you are talking down the track it then depends on the level of finance and the complexity of the deal. If the finance covers the ability to build a 250tpa plant I would put this at the lower end of the scale and the company is then setting the project up for a sale and the realistic value of the company would be anywhere between 100m to 250m USD basically 25c to 60c per share. If there is provisions for additional production and a clear path on how this would happen then it may be possible for the sp to increase substantially. For example if the company were able to achieve production of 5mtpa say in 6 or 7 years the sp could be worth in excess of $2 per share. So in my view it just depends on the structure of the financing and the company's intentions in the short to longer term.
    Last edited by Chiller: 24/09/16
 
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