RE: DSO UPDATE CALCULATION20 May 2021 12:52
I was asked to repost this and I've added a few things.
Before I start can I just say this is not an intended ramp its my overview of the DSO all of it based on what could be.
So sometime back I did this calculation regarding DSO and the up lift from $150 to $200. which are below, I know its now nearly $220 a ton but Im working on $200.
Guys following up on ETW earlier and him doing some cals this is a post I did on the 8 April 2021. Look at the DSO price then ($150) to now ($200) and you will see these figures are now 25% out. so I have upgraded them by the side
240,000,000 x$ 150= $36,000,000,000 that's 36 Billion $ TOTAL NOW $42 Billion
Im going to do the JV at an exception rate because we are proving it up 75/25Split
so $36,000000,000 - 75% ( 27,000,000,000) 25%= 9,000,000,000 or
so $9,000,000,000 49% own by other party (4,100,000,000 = $4,800,000,000 NOW $6 Billion
Leaves Alien Metals with $4.8Billion
$4.8 Billion divided by 4 Billion shares = $1.2 NOW $1.5
$1 = about 73p so 1.2= 87pNOW £1.10
87p a share on 240 million tons NOW £1.10
43.5p a share at 120 million tons NOW 54p
Nearly 22p for 60 million tons NOW 27.5P
Yes this is all based on what's in the ground but still makes interesting reading. I know there is a calc for materials in the ground which I'm sure someone will give.
SO following the RNS this morning I have adjust my calculations to suite and this is the difference it now makes with the % increase in owner ship.
240,000,000 x$200= $42,000,000,000 that's $42 Billion
Im going to do the JV at an exception rate because we are proving it up 75/25Split
so $42,000000,000 - 75% ( 31,500,000,000) 25%= $10.500,000,000 ( 10.5B)
so $10.500,000,000 10% own by other party which is $1.05 Billion
Leaves Alien Metals with $9.45Billion
$9.45 Billion divided by 4 Billion shares = $2.36
$1 = about 73p so 2.36= £1.72
£1.72 a share on 240 million tons
86p a share at 120 million tons
38p for 60 million tons
19p for 30 Million tons
Now this is very much pie in the sky until the resource is quantified but I have taken it down to 30 Million tons.
Fernix who operate there own extraction and shipping work on $95 a ton to extract and ship so for ease lets say $100 a ton based on the 240 million Tons you would Just half the total gross amount to give you your profit which would be around $4.7 Billion.
My Calcs my thoughts and just to show what could be possible when the mineral resource is quantified.
These figures are purely with regards to the DSO, they do not take into account, Elizabeth Hill, the Capstone deal, the two tenements in Mexico or the tailings which I believe can help enhance the cash flow of the company in the short term and increase exploration.
Just my thought and my calcs
944T