GREY:DMNKF - Post by User
Post by
Austrian007on Jan 20, 2018 10:35pm
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Post# 27402448
Is DNI a CAD$ 5.00 stock?
Is DNI a CAD$ 5.00 stock? I am new to stockhouse and this is my first post here.
I have been a shareholder of DNI for 6 months+...
I started looking at how much DNI can sell by 2020 assuming they can create the buyer connections. Looks like from their wholesale business, they have extensive contacts with end buyers and so a sale of 50,000 t is pretty much on the cards by 2020.
At $1000/t, we should be looking at $50M sales and pat of $25M. At a 10/pe we are looking at $250 M.Cap or about $2.5... or CAD $3.0.
For DNI to move higher than that, we will have to be in a bull market for commodities which would mean that the selling price of graphite itself would be higher. Not too improbable a scenario. But CAD 3.00 looks like an easy target for now.