in a recent presentation the managing director noted that the carbonate sells for $75/kg. separated Ree oxides sell for $150/kg.
this is not the price for the raw material Bulker bags. skipping this and looking at what we do know. by 2023 we're putting out 2000T of carbonate from Saskatoon plant, if we're selling at $75,000/t ($75/kg) then revenue is coming through the door of 150 million by end of 2023. (Saskatoon ramp up complete)
let's throw opex and margins at that and say NPAT 20-25M by 2024 just for fun. puts us at over 500M mcap minimum by 2024. markets will look ahead at the 5000t target and price is closer to 800M, so shares run up from 6c to 18c i think is possible .
in a recent presentation the managing director noted that the...
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