exchange rate = 0.70c.
FOB pricing =$320USD (even applying 22% discount to FOB to align NOV DFS assumptions to pink sheet Nov pricing, lets say a super conservative $250USD)
($250USD X 10,000t = 2.5M USD) 3.6MAUD - 1.24M OPEX = $2.36M earnings per month!.....
this is just the first few months and it will pumping out 0.05c EPS..... at the 30,000t its 13c......which puts it PE ratio in the "Crazy Value Category"..... wonder why the big churn recently, seems someone is getting ahead of the confirmation of crazy big numbers.
I'd say, give it 48hrs for "Mr Market" to catch on.
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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