VALUATIONon ***2 million tonnes per year*** production.
If ANL could make $30 operating profit per tonne for years 1-10, $35 from years 11-20, and $40 from years 21-30, the NPV on the cash flows with 8% discount rate and initial capex of $700 million (hope Nova Scotia government can kick in $100 million), I arrive at a $35 million NPV.
On 25 million shares outstanding that’s $1.40 per share.
The stock is at 3 cents...wow!!!