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Cullinan Metals Corp V.CMT


Primary Symbol: C.CMT Alternate Symbol(s):  CMTNF

Cullinan Metals Corp. is a Canadian mining and exploration company focused on the development of energy metals. The Company is focused on energy resources, such as copper, graphite and lithium assets. Its projects include Smiley Lithium Project, Lac-Des-Iles West Graphite Project and Wakeman Lake Lithium Project. The Smiley Lithium Property consists of around five mining claims comprising approximately 1,902 hectares located 55 kilometers (km) north of Thunder Bay, Ontario. The Smiley Lake Lithium property is located in northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide (Li2O). The Lac-Des-Iles West Graphite Project consists of around 43 mineral claims in one contiguous block covering approximately 2276 hectares land, near the town of Mont-Laurier in southern Quebec. The highly prospective Wakeman Lake Lithium Project covers approximately 7,900 acres and is located in Northwestern Ontario.


CSE:CMT - Post by User

Comment by BigDreamson Jan 20, 2020 9:08am
113 Views
Post# 30572616

RE:RE:Conservative Future Value for "Towering Mars"

RE:RE:Conservative Future Value for "Towering Mars"
BigDreams wrote:
Kanoli wrote: Let's make some conservative assumptions and calculate a ballpark share price (at full production in a few years) based on net revenue of the Delta facility and ignore all other revenue streams.
250,000,000 grams
2$/gram profit (conservative)
70% ownership (PSC)
10 P/E multiplier (conservative)
935,000,000 shares out ((250,000,000g)*(2$/g)*(0.7)*(10)) / 935,000,000 shares = 3.74 $/share Towering Mars With your 4500 shares itll be worth $16,830 in a few years. Youll finally be able to afford that KIA Rio that youve had your eye on.




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