Production can be achieved April 2017
Phase 1
526,500 Tonnes graphite
Storm Crow Basket Price (1500-2000$)average 1750$
25,000 Tonnes at 1750$ per annum= 43,750,000$Before costs per annum (For a period up to 15 years)
43,750,000$ at a P/E ratio of 7 gives us 306.250,000 value
306,250.000$ div 1,700,000,000 shares on issue =18 cents per share before costs and extra dilution.
(Costs are small compared to others)
Off-take required and we set our own course.
Robustness = Smart Management
Ann: Presentation to Australian Graphite Conference in Perth, page-3
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