value
If MNO makes $300 a ton and produces 100 thousand tons they can drive $30 million a year.
with 164 million shares you can see an EPS .183
I have three questions for the more experienced hands here.
1. Are those numbers correct?
2. What would that project be worth if you spun it off? (is 15 x eps too much)
3. Why isn't that enough money to fund us going forward without having to raise more...
I don't think the the $2.00 it unrealistic.
Anyone?