RE:RE:short term catalyst Silver Elephant is a coal player again
PM market will rebound in 1-2 years. At the moment all speculations are about fossil energy only ( gas, coal, oil).
Coal price is currently at ATH (412$ USD). At this price ELEF/Mega Coal could easily earn 50$ USD p.t.
Assuming annual production of 300 000 ton net gain could be about 15.000.000 USD$ p.a.
deploying multiplier 10x you can get the market capitalisation of around 150 million USD
if ELEF can really start production in Q4, 22 as announced by management i see ten bagger by the end of this year. ( target 5 cad)
Lee acquired a new web page megacoal.ca. He likes such marketing stuff ( vanadiumprice.com, nickel.com, now megacoal.ca), lol
if it's true "
Mega Coal has secured rail logistics for coal transportation to China, the world's largest coal importer and consumer" it could have a huge bang
https://www.megacoal.ca/landing/?gclid=CjwKCAjwq5-WBhB7EiwAl-HEksXmcpSrhQYRkxTgs7bLipdO1IbJERY2-hQvuQC0ucQhjM5l7g84xhoCyF8QAvD_BwE