RE:RE:RE:RE:Huge volume today!!! What's up with that.Patience for those who have averages in the teens. The FS stated that they'll ship 53,017 tons of concentrate at an average price of $1689 when up and running (2017 so far). This is a $89.5 million revenue per year company.
Price to sales ratio for American mining companies is an average of 1.29 (found on Google).
These sales multipled by the ratio given above generates a market cap of 115.5 million, valuation of 37 cents.
As usual, if concentrate volume increases or price increases, these numbers go up. Wait for the buyers of our graphite.