RE: Correct me if Iβm wrong20 Jan 2021 11:02
Great post on proactive Nov 2020
Genuinely think news has just not Circulated enough. Just wait for it.
Plai will generate approximately US$19mln in net revenue giving a surplus of just under US$9.5mln after development costs, and that will be followed by an uplift in 2022, when net revenues will rise to over US$20mln with a surplus after development costs of over US$12mln .
Add that projected revenue from Baita Plai to the potential US$50mln-plus annual revenues from the Chiadzwa Community Concession, and the possible asset-backed debt financing facility from the international banking institution, as well as the associated payment terms, begin to make more sense.
So, what will happen now?
Should a company thatβs potentially capable of generating more than US$70mln in revenues per year by the end of 2021 still be valued at just under Β£25mln?