RE: 1bn+ per annum revenues9 Apr 2022 01:31
fireball , from the update in Jan " Up-front capital cost due to backfilling plant and additional capital costs to produce 29,386 tpa lithium hydroxide increased to US$644m. "and in my spread sheet I used 1 Billion USD . KC has also advised me if we were to duble production you would expect to increase capex by 1.6 fold . Now based on 29,386 tonnes being one shift , we do not need to actaully increase our capex . if we were to increase to double production , based on Jan Update our capex for 60,000 tonns would be $1.03 billion , but our production would also be 180,000 tonnes if that figure follows thru to three shifts . Secondly cap raise share price , for crying out loud , all Li market caps have gone thru the roof in last six months , CXO a would be 12,000 tonne per annum Li stock has traded at $2.5 bil AUD market cap which would equivilate to EMH at $13 a share , so using $10 a share at capex raise is actually conservative . As far as you believe Hooper and his numbers , let us just say , just because you get paid as an authority does not always mean that they are right . I will back my numbers in any day . And when those numbers do come in , I will ask KC for Santas ph number so I can get those Little Helpers from the North Pole to shovel and barrow all that cash of mine to the bank .
Thirdly , please adjust your spread sheet cells for grants ,loan and equity Grants closer to 150 , loan 982.1 mil and equity 420.9 , hence EMH will need to raise 49% of $421 mill ie $206,241,000 or at $10 a share 20.6 million shares not 543 million shares ? Pretty obvoious mistakes fire ball
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