Within 3 to 5 months ESI is set to achieve the following milestones.
1. IP Buy Out
2. JV with Tincom
3. MOU with Loy Yang Power for Coal & Site
Approximate Shares on issue after IP buy out and Shortfall allocation.....575 Million
575 Million x 3 cents = $17 Million Market Cap
575 Million x 5 cents = $28 Million Market Cap
Agree or Disagree………………………….??????????????
Personally I disagree. LOL
Once ESI purchases the IP, it then becomes an asset to the company. Asset Value - $20 Million / $30 Million / $????????
JV with Tincom – A $6 Billion investment for Tincom in which ESI is free carried. Attributed Value – 50 Million / 100 Million / $???????
IMHO if all three of the above are successfully executed within 3 – 5 months by the company, I would personally expect ESI’s Market Cap to be between $70 Million to $?????????????
So $70 Million Market Cap with say 575 Million Shares on issue would equate to a share price of $0.08 cents +++++++++
Agree or Disagree…………………….???????????????
Interested in others thoughts……………..especially Fozhard’s.
Cheers,
TT
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