TSXV:AAA.P - Post by User
Post by
Fertimanon Nov 13, 2014 12:52pm
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Post# 23125103
Or maybe this comment??
Or maybe this comment??Reposted with permission
Re: Meeting at investor cubed
If we look down the road a couple of years, say around 2018 or 2019 time period, and the SOP part plays out, this could be VERY interesting. 1 million+ tons of MOP plus a million tons of SOP (and maybe more) would give Allana some major earnings. I mean even if it costs $300 per ton to mine and process the SOP, we are still looking at $400 per ton profit. That plus the MOP ... well, just do the math. P/E ratio is around 14 right now. But even a conservative P/E ratio of 8 to 9 we could be looking at a very nice return on our investment.
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