Ok for the dense one like me, help with this so i know its not April fools day.
This dog and pony show has 167m shares on issue. A market cap of $3m.
Now its going to make a truck load of money in year 1 and 2 ok we know that.
But I am transfixed on year 3 and this is where i need guidance.
this baby is going to do 1.02m MINIMUM tonnes. Assuming they net $20/t at the gate thats $20m Revenue. Split half with the part owners and we bank $10m.
Now that on top of the combined $5m we bank for years 1 and 2.
What did you say? yes yes the market cap is $3m.
The only thing more certain than day following night is this stock is going up.
Flux
CDB Price at posting:
1.8¢ Sentiment: ST Buy Disclosure: Held