MW told me they produce 1 tonne of graphene per day which I read is between $60,000 - $200,000 per tonne. Multiply the highest end of that by $365 gives you 70-something odd million revenue a year. HALF of what I roughly calculated MTM's pilot plant would generate if it operated at 50% CAPACITY (thus, a quarter of full capacity). And Universal Matter are capped at $400m.
So, if MTM can emulate that kind of revenue which would be a fraction of the potential early revenue opportunity provided by the Indium Corp deal, then they would be comparable to a $400m MC company. They are currently less than $77m Market Cap and the Indium Deal is expected to be the tip of just ONE iceberg, with the other potential revenue operations being to get their tech directly onto mineral processors sites and overhaul their flowsheets.
There is likely going to be a lot of volatility from here on out, but all suggests this is still undervalued.
MTM Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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