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10/07/20
16:56
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Originally posted by Praetor:
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I think you'll see the SP rapidly run up thru 10c on opening and carry on to 50c+. That 7.7Bn Midwest share parcel will be held in escrow for a year. If anyone is good with valuations, please let me/us know because my figures based on # Total ANS shares 13.26bn, divided into $61B worth of IO over 25 years (35Mtpa x 10 + 35Mtpa x 15) minus $5bn in OpEx means we should see an SP ranging from $2.86 to $4.24 depending on the spot price of IO. I used US70pt to get to $2.45Bn p.a (first 10 years) and US35pt on the $2.45Bn p.a during the second 15 year extension in my calc's. Quite conservative I would have thought. OpEx is usually measured by USD per tonne (say $21pt) but I put a $5Bn holder in place for that. Perhjaps it'll be $5Bn to get the IO to port and then more cost will be levied on top. Are there any other comparable Mining Operations to Mbalam-Nabeba for which we can devine a common SP? Either way, this is going to go off like a fire cracker on NYE. This proverbial toilet paper is going to seem more like gold leaf.
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Gee i like them figures....so 50 cents short term...like that Then a DOLLAR ....bring it on Is that OAKAJEE project included