The two years ideal prospect is 5000 t/y of vein graphite production.
With a 80% conversion to graphite and and a spot price of US$55,000 to US$100,000 for graphene, you can assess something.
Of course there is the cost of production, the taxes, the dilution the hurdles on the way, the SL governement business friendliness and stability (the biggest danger to FGR by far IMO).
But the simple excel calc i did still makes sense to me. If things go as plan, $1 a share is a bottom estimate.
Lots of potential danger of course, but the fact we have a wonderful management that has proven its capacity to get s**t done quickly and efficiently while respecting shareholder value is key. I'm confident (well, easy for me, i got in on average @6.7c haha. )
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2 | 76000 | 0.049 |
2 | 63000 | 0.048 |
1 | 76000 | 0.046 |
1 | 111111 | 0.045 |
Price($) | Vol. | No. |
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0.055 | 151886 | 3 |
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0.057 | 129000 | 1 |
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