GRX 0.00% 67.0¢ greenx metals limited

latest announcement mergertakeover disccussion, page-4

  1. 5,378 Posts.
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    simple equation:

    Zince price = $3,500 AUD/ per tonne
    Cost of production = $2000 AUD
    Margin: $1,500 AUD

    Target Production: 250,000 tonnes
    Gross Cashflow = $375mln ($1,500 * 250,000)...

    Capital cost = $55mln
    Current Market Cap = less than $100mln....

    One of the cheapest Zince player & huge reserve upsizes... ..... which mean an ATTRACTIVE TAKEOVER TARGET.....
 
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