I had to do the math based on the podcast earlier. Bernard Rowe speaking about INR
10 tons of boron for every 1 ton of lithium extracted.$700 per ton for boron = $7000 (10:1) $10,000 per lithium = $10,000Conservatively if they say $500 per ton of boron = $5,000 (10:1) this can also be used in the event Li drops below $10,000 per ton.
They worked out that at the top end it will cost $7000 per ton of lithium in cost.This effectively leaves the lithium as pure profit or if u be overly conservative at $500 per ton for the boron.$2,000 per ton cost price of lithium.It sells for over $10,000 a ton.
So maths is:$8,000 profit per ton conservatively x20,000 tons per annum.$160,000,000 net profit.Per share /1.5 BillionLeaves earnings per share of just over 10c per annum!
Note: Obviously the above doesn’t factor in a capital raise or finance.
- Forums
- ASX - By Stock
- INR
- Offtake coming
Offtake coming, page-68
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add INR (ASX) to my watchlist
|
|||||
Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $350.6M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.5¢ | $172.8K | 1.162M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 614641 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 226108 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 614641 | 0.150 |
7 | 242157 | 0.145 |
10 | 406997 | 0.140 |
13 | 537107 | 0.135 |
10 | 377459 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 226108 | 5 |
0.160 | 183575 | 8 |
0.165 | 190000 | 2 |
0.170 | 112593 | 2 |
0.175 | 185423 | 6 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
INR (ASX) Chart |