I have based my figures on the company can produce 5MT per annum, advancing to 10MT as time goes on.
Approx 650km from port. OPEX $25PT - $30PT
Sale Price $65PT-$70PT
$40PT Profit x 5MT per annum
$400,000,000 profit per annum
All figures based on people close to the situation
$78,000,000 Market Cap
Some could say it’s undervalued
Ann: High Grade Resource at Minim Martap, page-29
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7.7¢ |
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Mkt cap ! $108.8M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 7.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 123528 | 1 |
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