Thanks PG that is a good reminder of why we are all here.
If CLA can produce 5000 tonnes of cobalt a year down the track, with a margin of US$50,000 p/t (not out of the realm of possibilities) once the EV revolution hits its straps.
We could be looking at US$250,000,000 gross profit each year, that equates to over US30c profit per share per year with 800,000,000 shares by my figures.
With a P/E of 10, the share price would north of US$3 per share. Then add the copper and zinc, maybe another 20%.
This IMO would be towards the upper end of market conditions all going our way and a producing mine of course.
Thanks PG that is a good reminder of why we are all here.If CLA...
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