Love your work. Your V205 PA production target lines up with my original calculation which made KRC a no-brainer from a FA point of view and that’s just considering the V :-
Target SP $1, PE 10
Shares Issued 1.5B X EPS 10c = A$150M earnings per year
V2O5 price ~ US$12 per lb ~ A$16 per lb
KRC margin 20% = A$3.20 per lb
Target PA Earnings A$150M ~ 47M lbs per year ~ 21,000 Tonnes
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Love your work. Your V205 PA production target lines up with my...
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