[ATTACH] My takeaway from the London presentation video: BB said...

My takeaway from the London presentation video:

BB said the plant build will cost US$500 mil
... but lets add another 10% for contingencies
So now at US$550 mil to build the plant

Subtract SKI buy-in
669,000 shares x 0.12 = AU$80.28 mil
and convert that to US$
$AU80.28 mil x 0.74 = US$59.4 mil
so US$550 mil – SKI's US$59.4 mil = US$490 mil
Now only need to borrow US$490 mil

Interest on US$490 mil @ 8% = US$39.2 mil per year when fully drawn.

But let’s do the sums on US$600mil fully drawn at the end of 2020 - 2 years construction time
and we will assume two years to ramp up production.

1/3 capacity in year one
2/3 capacity in year two
and full capacity in year three

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7
0	Sconi​	Debt​	Interest​	Interest​	Gross​	Funds​	Funds for​
1	Year​	Millions​	Rate​	Cost​	Income​	for Loan​	Dividends​
2	2019​	-300​	0.08​	-24​	0​	0​	0​
3	2020​	-624​	0.08​	-50​	0​	0​	0​
4	2021​	-674​	0.08​	-54​	80​	60​	20​
5	2022​	-668​	0.08​	-53​	160​	120​	40​
6	2023​	-601​	0.08​	-48​	240​	160​	80​
7	2024​	-489​	0.08​	-39​	240​	160​	80​
8	2025​	-369​	0.08​	-29​	240​	160​	80​
9	2026​	-238​	0.08​	-19​	240​	160​	80​
10	2027​	-97​	0.08​	-8​	240​	160​	80​
11	2028​	55​	0.08​	4​	240​	160​	120​
12	2029​	0​	0.08​	0​	240​	160​	120​

In this scenario - dividends might be able to be paid from:
2021 -  0.6 cps
2022 - 1.25 cps
2023 - 2.5 cps
2023 to 2028 - 2.5 cps

and still pay the debt off by 2028

once the debt is paid off 240 mil income at a 50% dividend payout ratio would equal 3.75cps from 2028 onwards if SKI renews our contract and batteries are still made from cobalt & nickel by then.

Flemington if equal to CLQ would be over two and a half times the resource of Sconi's current size - but let's just double the numbers - so 7 cps when paid off?

Thackaringa if equal to COB similar to Sconi - so add another 3.75cps when paid off?

all up a possible dividend of 14c per share - Sconi 3.75cps - Flemington 7.0cps - Thackaringa 3.75cps = 14cps

another way to look at what AUZ could become is if Sconi income is 240 mil - Flemington income could be 480 mil - and Thackaringa income could be 240 mil - so all up a possible 960mil income from the three mines - nearly a billion dollars income in todays money.

If it got to 1 billion dollars income would the market cap be 10 billion dollars - $3 per share?

Just exstrapolating the numbers from BB's presentation - definitely DYOR.