Arianne Phosphate: Discussion Hello everyone,
Lets get some discussions going....
Most long term investors are now at a loss unless they re-bought to fix their avg and it seems like we all didn't expect for this extra delay taking way longer then anyone thought, finding a partner.
The company often stated when a JV is finalized and when the funds will be available to build the mine, typical companies will be worth 1X annual sales.
What does that look like 3M tons X 345 USD/ 243.6M (outstanding shares)= 5.5/share CAD
What does everyone think this company should be valued at once that piece of the puzzle is met, talking right after we find a partner not nessarily when it will start to generating revenue??
It also depends on the news in terms of the potential partner and deal in terms of how it will be re-evaluted once and if that happens.
Thanks.