Cheap as chips. The market has not digested what has been announced. If it did, we would be at multiples of the current share price.
Let me explain using the facts from the announcement today. At 10 thousand tonnes shipped per month we are driving circa $3 million revenue and circa $1.6 million profit. At 20 thousand tonnes shipped per month we are driving $6 million revenue and circa $3.2 million profit. Then quadruple this and that is a $24 million revenue and $12.8 million profit per month by the time we ramp up to full production. Then multiply this by 12 months of the year and we are talking circa $150,000,000 profit per annum.
This is exactly what l have been predicting for nearly 8 months and used the ragingboom crystal ball over two years ago. This dividend happy company is about to spread the joy big time.
The current share price is unsustainable and a complete fugazi. CXM is the real deal. I continue to buy and have not sold any options.
Thos is what l call playing the inter generational wealth creating game big time.
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