RE:RE:2021 Revenue Projections - What am I missing?2021 - 33000 tonnes Nickel
33000 x 2.2 * 1000 = 72,600,000 lbs
Spot price is $US8/lb....
Don't know what contracts they have in place at what price but
72.6 mil lb x $8US = $580m
PLUS
Cobalt - 3450 tonnes x 18.75 / lb = $142m
x 50% ownership position - ($580 +$142) x 50% = $361m
2020 Rev is $120m
What am I missing???? Is 2021 Rev expected to be $361m+???
Anyone else doing Revenue projections?
Analysts data on yahoo finance says 2021 Rev is $98.5m