What a difference a year makes...2 Jan 2018 21:08
RBR - your post Feb 2017
With the new fines equipment installed and assuming they reach the target set for the program as set out in RNS of 20/7/16, of 15 tonnes of tantalite concentrate per month, the figures going forward are fairly remarkable....
15 tonnes = 15,000 kgs = 33,750 lbs
33,750 lbs @ $50 profit @ 75% to KENV
33,750x50= $1,687,500 per month
75% = $1,265,625 per month to KENV = $15,187,500 per annum profit!
Appx £12.4m....
EPS 7p...p/e 10...share price 70p
...and thats all without Lithium!
DYOR etc
So the figures above are from a post last year, the figure was based loosely on the believed offtake price at that time, Larry is negotiating on this price upwards, which is an upside forecast, a little bit of share spread due to more shares now in circulation, BUT still without any Lithium.
Have fun!