RE: Next 2 years ?2 Jun 2021 00:20
Pickcuzawinnah
These were my calcs a couple of weeks back which work on the gross amount. I think if you use your calcs over a time period to get the MCAP and an sp Value I don’t think they are a million miles apart.
I would like to think a 25% deal could be done based on what ufo have done to date with drilling and still are doing to get a MRE.
Great to see a different working out.
944T
240,000,000 x$200= $48,000,000,000 that's $48Billion
Im going to do the JV at an exception rate because we are proving it up 75/25Split
so $48,000000,000 - 75% ( 36,000,000,000) 25%= $12,000,000,000 ( 12B)
so $12,000,000,000 10% own by other party which is $1.2Billion
Leaves Alien Metals with $10.8B
$10.8 Billion divided by 4 Billion shares = $2.7
$1 = about 73p so 2..7 = £1.97
£1.97 a share on 240 million tons
98.5p a share at 120 million tons
49p for 60 million tons
25.5p for 30 Million tons
So using you calcs