General Discussions, page-24024

Hi TenX, Can you post the link to your past Projected Share Price Projections for RNU? The EPS I get based on the DFS appear to be very low, and Im sure its something Im missing, but I dont see, based on the figured in the DFS (forget the BAM), that this stock is worth more than 32c (having P/E 5 assigned).

I added the Net income based on the Sale Price minus Cost (havent even factored if the graphite price is now lower than projected in DFS), assets based on plants and equipment, and I am unsure of what the operational costs is being projected so I had factored that in it my EPS would be lower).

This company's profitability outlook appears very low based on DFS projected pricing (which is ever lower now). Is the whole basis of a share price based on a very strong graphite projection 2 years from now and that its EBITDA will increase somewhat based on the increase in production? Even then I dont see how RNU share price would exceed $1.