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0.00% 13.5¢ focus minerals ltd

13000 tons nickel @ USS25000 per ton is US325,000,000. If we...

  1. Kalimaya
    682 Posts.
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    24/03/08
    23:30
    Post #: 3501509
    13000 tons nickel @ USS25000 per ton is US325,000,000. If we assume 10% return, thats 32.5 million. US$32.5 million /779 million shares = $0.0417 per share. This assumes a lower than present Nickel price.
    This is my narrow minded ill informed analysis. No blue sky potential factored in. Don't forget the 5 undrilled conductors near Nepean.
    DYOR alwayK
    FML Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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