Cost of production is supposed to be less than $2 usd lb. They are supposed to mine around 100 million lb pa going forward (assuming calendar 2022 really was just an unlucky year). 25% of production goes to their japanese partner. C6C should be making $150 million usd pa minus admin and interest. They can their debt off in less than 2 yrs at current rates. The eps for the company if they make $135 million usd pa is around $0.66 aud. Dyor
C6C Price at posting:
$2.25 Sentiment: Hold Disclosure: Held
