Daily price prediction thread, page-4485

blister

There is no way most shareholders will accept circa $1.50 a share.

I suggest you go back and have another look at the Bank Feasibility studies
which are themselves very conservative.

And once they get the first plant at Arrowsmith up and running,
getting EPA approvals for Muchea should be a less drawn out process.

So while I could do the sums tor you,
I suggest you spent an hour or two working the figures.
It will be most constructive

Factor in the EPS of the company in 2 or 3 years time.
Put the share price on a P/E of say 20 plus. (Maybe that’s ambitious, but I think not)
Add a bit of “blue sky’ for what will by then be recognised as one of the major
silica sand miners in the world with 100 years of reserves.
They will be worth multiples of the $1.50 you suggest.

Caveat emptor