RE:RE:Its very difficult Rick2012 wrote: What does this translate into stock price valuation based on those numbers?
How do you value that if someone was to buy the company or what ratio do you apply to sales or earnings?
Well I can easily suggest its worth 50c as a minimum. Why?
Because at this purity using thermal which is about as environmentally friendly as you can get, You will have Scientific groups, Research Groups, Nuclear Facilities, Defence Industries, Labs, Universities all wanting some of this stuff.
So I have been a believer that we will show a first rolling resource of 15K tons of concentrate.
I have assumed $7K per ton tll today, I am willing to now double that to $15K per ton. because of the thermal upgrading and the Zero Impact to the environment.
So lets assume the market is around 1-1.5K tons a year. That still puts us at a $20million US per year earnings with our MARBLEOUS credits paying for the process.
So with earnings of $20Million US and a 15 year mine life out of the gates. That would mean we likely would trade at 5X to 10X earnings. Which would be between $1.00-$2.00 a share using what I believe to be very very concervative numbers.
People will figure this out by Monday, trust me lol