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0.00% 2.2¢ future battery minerals limited

Ann: Sulphide Mineralisation Intersected - Alcoutim Cu-Zn Project, page-39

  1. Chrimata
    999 Posts.
    lightbulb Created with Sketch. 566
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    10/10/17
    12:50
    Post #: 27790461

    Quick calc gives me $5.4 million incoming from options.

    Total cash balance for AOU will be over $10 million if all exercised today.

    Fully diluted AOU has 115 million shares. At current shareprice that gives a market cap of $24 million.

    Subtract the cash position gives an EV of $14 million, given the current drill program and potential upside things are looking rather good.
    AOU Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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