GREY:NDXFF - Post by User
Comment by
LaurinDEon Mar 29, 2010 3:42pm
306 Views
Post# 16936371
RE: RE: The 30-day Canaccord quiet period is.....
RE: RE: The 30-day Canaccord quiet period is.....
conservative back on the envelope:
monthly production: 12000t
net income per tonne: 65USD
shares out, fully diluted: 60 millions
12000t/month x 65USD x 12months / 60mill.shares = U
.15 per year
for simplicity: 1 CAD = 1 USD
1x 0.15 = 0.15CAD
2x 0.15 = 0.30CAD (roughly current share price)
3x 0.15 = 0.45CAD
5x 0.15 = 0.75CAD
7x 0.15 = 1.05CAD
10x 0.15 = 1.50CAD
at current share price:
- increasing met coal prices: BIG upside!
- production delays/problems: limited downside!
place your bets!
Laurin
(disclosure: bought 47% of position at CAD0.23 and 53% at CAD0.20)