Below is mytake, and opinion. Would appreciate being corrected where wrong.
Worst Casescenario.
Puttingaside the BLM approval, lets look at what HWK could do, by taking a veryconservative estimate:
LCE atMidrange of expectation by Mngt = 3.7 Million Tons.
At minelife of 24 Years with Production of 150,000 Tons LCE per annum.
Profit of 150,000tx USD $9,000 = USD 1.35 Billion pa (AUD 1.86 Billion)
There willbe CR’s to cover exploration and mine infrastructure.
So lets estimateincrease of Total shares from 1.6 Billion to 3 Billion shares.
Now take AUD$1.86B divide by 3 Billion shares = AUD 0.62 profit per share per annum.
You invest$40,000 for 1 million HWK shares today.
Should be areturn of $620,000 pa for 24 years.
Lets say Iam wrong, due to any of the above assumptions being inaccurate.
Lets cutdown the above profit projection to Half.
Still aprofit of $310,000 pa for 24 years. Over a measly $40,000 investment.
LOL even at50c per share (Thats after being a 12 bagger), It could return your money within 1 to 2 years and make you rich for thenext 24 years.
It hashurdles to overcome, but if they had been overcome already it would be over $10per share.
I amfocusing on the possibility, and willing to take the risk to try get a smoothfinancial future. Are you ?
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