Post by
cwg04 on Jan 25, 2014 10:05am
my post of september
they've got 1M carat and that they can mine 600k right away (they announced 300) let's say they can mine 150k carat per/year ( in fact they can go as far as 220k per year) let's say that their profit would be around 180 us / per carat ( that's the number in their actual economic model) that's an Ebitda of 27 M / per year ( for one boat on one project) or an ebitda/ share of 0.30 $ What would the stock price would worth with that kind of scenario ? how many times EBITDA would someone be willing to pay for a stock like AFA? cwg
Comment by
bogeyfree on Jan 25, 2014 10:18am
Very interesting numbers but Institutions have to be brought into this play for the SP to go up.
Comment by
cwg04 on Jan 26, 2014 9:36pm
it's a done deal ...they have to finalize the deal... hope the institutional side will crunch the number soon... cwg
Comment by
bogeyfree on Feb 01, 2014 10:51am
I'm afraid, if it's not finalized it's not done! Why don't we hear about it? There's more to this stock than the boat, there's the copper. I wish we would hear more about it.