A conservative P/E of 6 on those figures gives us $120M or circa 7 cents a share.
A not too enthusiastic P/E of 10 gives us $200M or circa 11.5/12 cents a share
Market over exuberance (even a short term spike) of say P/E of 15 gives $300M or nearly 18 cents.
With the other resources on top of the Graphite the middle ground is not far fetched at all.
I think the next few months should be good for holders.
A conservative P/E of 6 on those figures gives us $120M or circa...
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