The World Bank Pink Sheet has Rock Phosphate now at $320USD per tonne. This is company making news and has us supremely positioned for a green and prosperous future.
I believe that the current market capitalisation does not place any value on the current rock phosphate price. A couple of calculations will demonstrate what l have been talking about for over two years.
Deriving at a Sales price and cost price:
Sales price = $500AUD ($320USD X 1.44 = $461.25. Add 10% for superior product and l have rounded down to $500 AUD)
Cost price = $220AUD (PFS $125USD X 1.44 = $180.37 AUD. Add 25% increase to $220 AUD)
At 10,000 tonnes per month (Initial phase)
10,0000 X Sales price = $5,000,0000
10,0000 X cost price = $2,200,000
Profit per month = $2,800,000
Annual Profit = $33,600,000
At 30,000 tonnes per month (Trial plant phase)
30,0000 X Sales price = $15,000,000
30,0000 X cost price = $6,600,000
Profit per month = $8,400,000
Annual profit = $100,800,000
At 80,000 tonnes per month (Full production phase)
80,0000 X Sales price = $40,000,000
80,0000 X cost price = $17,600,000
Profit per month = $22,400,000
Annual profit = $268,800,000 (Two hundred and sixty eight million rounded down)
I coined the phrase 'Green Dream Money Making Machine'. I reckon others now understand what l am talking about. Watch the share price rocket from here. Awesome.
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