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clock Created with Sketch. 18/04/15
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Originally posted by Chilloutman
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Hi All$1.336 billion before tax and minus capex start up costs. Also the above calculation uses a record low U308 price which is already moving up and experts suggest that demand for vanadium may also increase significantly. Now what is this project's value for shareholders? We have 848 million shares on offer and a project worth $1.336 billion. That is a $1.57c per share before tax and capex. How about we cut this figure in half to account for tax and capex leaving us 78.5c per share?
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Chilloutman, I am glad you came up with some figures, almost posted the figures myself last night but I would have been abused for ramping, but I am amazed how ridiculously cheap is this stock, the market has not awoken to SHE yet, when it will then the fun begins, I am aware that the stock was 0.005c just weeks ago but also aware that at one time this was over 30c, the price is not the main factor here, the technology is and if proven a major success the 91c figure you came up with is not a ramp but will come into effect, but lets cut that figure by 50% to 45c......I will assure you that all SHE shareholders will CHILL OUT MAN !!!!!!!, with that share price.
Last edited by
bahar :
18/04/15
(20min delay)