Revenu and profit are the keySo revenu are expected to be, as of now, 40 000 ton * 1700$ a ton = approx 68 millions...30 % profits = approx 20 millions of profits
Shares oustanding after financing..let say 150 millions
20 millions profits divided on 150 millions shares = 0.13 $ of profits per share
That could easily warrant a share price of 1.30 - 1.50 $ per share...
Additional revenu coming from the sale of higher purity graphite could increase revenue ... and share value...
Grafoid investment given that it becomes bigger could also add to the value of fms...
But we need an offtake for battery grade graphite to get things moving...with a well known and visible partner...not an obscure chinese counterpart...