Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Expected LOM revenue = $2000 x 130,000 x 4 = $1,040,000,000 (£1.04bn)
Expected revenue per anum = 2000 x 130,000 = $260,000,000 ($260m)
Estimated c1 costs per anum = 436 x 130,000 = 56,680,000 ($56.68m)
Estimated profit per anum = $260m - $56.68m = 203,320,000 $203.32m
Estimated market cap (assuming PE of 5) = $203.32m x 5 = 1,016,600,000 $1.16bn
x0.445 (44.5%) = $452,387,000 ($452m)
Estimated share price = Market cap / shares in issue = $452.387m / 19.841bn shares (19,841,000,000) = $0.0225....£0.0228p (2.28p)
or 2.28p per share
@ full 350mtpa production you are looking at? 2.7x that..... 0.061p (6.1p)
so 2.28p for first mine
6.1p for second mine
( someone else posted a short while back using figures based on $5000 per tonne, so i adjusted their numbers for $2000 per tonne) i believe when all shares are issued then the number is closer to 21b. the figures above are based on 19b.
so 5-6p, really we need everything all signed off and exact prices before we can crunch numbers in finer detail and the resource upgrade due this side of christmas should hopefully put the value well beyond 6p territory
BRR interview
https://www.brrmedia.co.uk/broadcasts-embed/63f8a8e42bfade352039ef53/?popup=true
Thanks for the bedtime story, i was dreading going into work tomorrow but this made me laugh so much i don't think anything can put a dampener on my mood now with this comedy gold. i look forward to topping up more this week before the inevitable good news lands.
Https://www.voxmarkets.co.uk/articles/end-of-h1-q2-mortgage-demand-persists-car-exports-exceed-plus-john-meyer-russ-mould-3cccf3f/ John Meyer podcast... helps if i add the link ! come to think about it i think this was initially shared on this very board a couple weeks ago by someone else and not twitter. too busy during the working day to think straight, busy pretending to be busy...
Https://www.wakatsera.com/mali-demission-du-ministre-de-lenergie-lamine-seydou-traore/ another one here with alleged copy of his resignation
Https://twitter.com/MalleLuka/status/1664906545736417280?t=Wl7YRTo1EbAQhR9mWl50vw&s=19 that's the twitter post suggesting the standing person