Pokerface,
Similar results to mine...I 've gone in with US$250 / mtu for Tungsten and US$30 / pound for Moly.
I believe both these metals will appreciate further in the next 3 years.
Looking very good imo.
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Posted By: Uboy Views: 85
Post #: 2237590 (In Reply to msg #2237443 from 3H) Sentiment: Buy
Yep, no brainer...
400,000t per annum operation.
Cost = A$78 per tonne
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Revenue per annum = A$64,285,700
Operating cost per annum = A$31,200,000
at 30% tax....NPAT ~ A$23,100,000 per annum
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Net cash flow over 5.6 yrs ~ A$129,360,000
Cap Ex ~ A$63,000,000
PROFIT in SKYROCKET >>> ~ A$66,360,000 for project.
I've used Tungsten price ~ US$250 / mtu
Moly price ~ US$30 / pound
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Assuming total shares of 200,000,000 and PE of 8....
I'm looking at price target of 0.92c
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