RE: Any way yo slice this pie... - 22,400 tonnes x $6,000/tonne = $134,400,000 annual revenue
- estimated cost at a high $2000/tonne = $44,800,000
- $90,000,000 profit
- add roughly 40,000,000 more shares @ a low $1/share (the rest in debt financing) = 90 million shares out
- earnings of $1.00 per share
- conservative PE of 15x for a junior miner = $15/share
Even if you cut those conservative numbers by another 50% it's $7.50 per share.
Looks like a no-brainer.