CLI Forward Fundamentals

This thread is intended to be a rational discussion of CLI's forward fundamentals and not a target of non-holders/shockjocks
To reasonably contribute to this thread could we please supply factual and reasonable contextual data; there's plenty of threads to post
shockjock/negatively speculative gibberish.

So here goes:

Mkt Cap:...............$28.69 mil
SP............................7.4c
# of shares............388 mil (undiluted)
# of shares............503 mil (diluted...see apendix 3B 02 Aug)
What has been announced:
less than 30% of crop offtake for $10.5 mil USD ( $15.4 AUD)

Based on that the complete crop should be worth $51 mil AUD approx.

Based on previous published info, COP should be about $6 USD /lb

Again based on announced info the total crop should be 800,000 lbs + CLI's share of flowers (about $3 mil AUD) (Total Revenue of $54 mil AUD)

This would give a cost of $4.8 mil USD ( $7 mil odd AUD)

If we add odds and bobs & repayment of loan & tax (if any) + admin costs we should get a max cost of say $14 mil AUD

This would yield a NPAT of about $ 40 mil AUD or an EPS of 10c/share (undiluted) or 8c/share (diluted)

If we take the lesser of the two and a very conservative P/E of say 5 we get a SP of 40c

All IMO only)

The laternative calculation is the previous guideline of $35-$45 USD/lb for a forecast harvest of 800K lbs which you can do your own sums on.

Your thoughts on this would be really appreciated
MM