These numbers are game changing @Timorlad the revenue numbers in itself are mind blowing...and we are only talking about limestone here..there will also be the Manganese as well to come...the thing I like about this is that from first shovel in the ground ESR is making $$ in the future as the limestone can be sold straight away. This could cover the cost to extract the Manganese and other minerals as they get deeper into the ground. There is no overburden costs its $$$ from day one.
Quick back of the envelope calculations are as follows:
US\$30/DMT (premium buyers): US\$15 billion (\~A\$22.5B)
Shares on issue = 2,051,956,864
EPS = $10.96 per share - AMAZING!!
These numbers are game changing @Timorlad the revenue numbers in...
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