A wild guess as there far too many varieables and too long a time frame.
However a guess to look forward to, sometime in the NOT TOO DISTANT future.
The possible Div, yes I am on that horse again, because my shares are now locked into my Super.
We have ...... all numbers are roughly, a wild guess. 260mill shares
Cost $32 a pound Production 18mil pounds At ONLY $60/pound long term sell price
Profit will be say, $30/pound Which equals $540,000,000 Per share $2.08 Div if company retains 50% $1.00/share WITHOUT any Franking credits
Yep, boys and girls, something to look forward to.
Could this be your income stream for the next, 20,30 or so years*** as you do nothing except sit back and watch the steady, ever increasing price of U INCREASE, you yellow income stream ?
Think, when the cost of U is averaging $80/pound and smile.
(*** 20, 30 or more years, Provided you live that long.)
This silly 'position' indicator, BUY of course !
Is this ramping or is this some of the cold boring facts about owning EXTRACT stock ?
EXT Price at posting:
$8.22 Sentiment: Buy Disclosure: Held
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