maybe look at the USA investor presentation as your WAG is certainly wild.
Est cost of $4.6k per ton sell for $30k let’s say $50m per year * .775 * p/e 15 = $581m
i would times the 10k upgrade by 6 as its 12k total but the % to Puna mining falls from 22.5% to 10%
so it’s about $4bn without CAPEX
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