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Michael Masterman talks on WRES potential & Tungsten market Watch here

Michael Masterman talks on WRES potential & Tungsten market

Member Info for Wassatt

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Member Since: Thu, 20th May 2010

Number of Share Chat Posts (all time): 51,408
Number of Share Chat Posts (last 30 days): 1,303

Last Posted: Today 10:49

Post Distribution over the last 30 days

Thu 12:19

Doesn't really have to be in London guys......
Just take care out there, wherever you are.
These nutters are not just bin London ....
Thu 11:46

Hmmmm, another nice sized buy !!!!!!!
Thu 10:29

There was a video with Emin talking about how the roaster model is not linked to fluctuation in Sb price as such.

Good debate around “potential” and if its profit or revenue to be used to get a genuine estimate of potential.

MCap is more based on annual revenue than profit – If it wasn’t then companies like RBS would have an SP in the minus.

But there was a document that said process costs per tonne were lower than $1,000.

So how would you calculate “profit” rather than revenue?

So TSTR pay producer 50% of sell price and $1,000 for costs.

The breakeven is a sell price of $2,000 P/T for SB

At $8,750 P/T what does that equate to?
Cost to producer = $4,375
Cost of production = $1,000
Total to TSTR = $5,375

Sell price $8,750
PROFIT = $3,375

Convert to £ = PROFIT per tonne = £2,703 (excluding gold)

8,000 tonnes per annum at £2,730 = £21,840,000

What company has an MCap of 1 x ANNUAL PROFIT - NONE

10 X PROFIT seems sensible. So a total of £218,400,000 on MCap??

With 25% more shares (Odeys) that equates to £0.0206 per share and if gold adds 40% odd £0.02884 per share.

If Sb goes up then 50% of any increase is PROFIT.
Thu 10:27

They've done it again..........
Dropped the SP when far more buys than sells.....
that's two consecutive days.....!!!!!
Thu 09:42

I see the 2016 financial report has been added, and as that was only cleared last week, that's probably the reason for the small down time
Thu 09:38

It's looking like we are becoming noticed !!!!!
Many peeps now trying to get a peice of the action ...
Thu 08:18

Are you looking or have you missed the fun ?????
Thu 08:08

Just read a thing!!!!!!!!!!!!
What thing would that be then ????
Thu 08:07

Thu 08:06

Yesterday's events throw everything in to prospective
What is important is life itself. Dreadful event.....

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