Temas future share price Here's the game I like to play with Erin, to keep me off the ledge. What should this thing go too in the near future. Pretty bad name for a game but it's a work in progress.
If Temas gets half, let's play it out for them. Cutting to the chase, based on the old numbers with some appreciation over time, let's say the project brings in $100M US/year, when the machine starts churning out revenue. Let's call those Canadian dollars. So $50M divided by 70 million shares, $.71/share. 10X earnings isn't crazy when you consider scarse supply and potential to grow. Plus the bosses are talking about a bigger resource. Plus we are now within 3-5 of actually being able to produce.
so not crazy to think Temas could go to $5-10 in coming year or three. Not sure what they have for warrants outstanding but surely can't be as bad as Erin.
Erin has stifling dilution to deal with so more like $2-3/share. (Approx 190M shares when redemption all said and done??)
I'm cool with either scenario. I'm also for doing anything to get the thing through Stap 1. Spend, spend, spend. Pay double or triple the going rate to get tests and reports done. Every day is imperative. We are seeing a nice uptick in mining but it won't last forever. Gotta go hard and fast.
And always, always, Step 1, Step 2, then Step 3.
There you go. Amateur Analyst hour, no charge.
Temas, Erin, call me. I will work for $1!!