Boron One Holdings Inc V.BONE

back of napkin

[tmp251000]

1). Colemanite is now selling at $650/tonnes (indication is this is going higher)

 

2). The OS is now ~230M (let's say a max of 300M ),

 

3). Reserve will easily be 7M tonnes  ( any more Boron found in small mine or basin increases the reserve)

 

4). Profit Margin of 60% 

 

5). Capex of ~$100M 

 

6). I've assumed a 0% discount rate, no price increase over time, etc. for a rough NPV estimate of :

 

High End : 7M X 650  * 0.6 - 100M / 230M = $7.87 / share

Low End   7M X 650 * 0.6  - 100M / 300M = $6.03 / share


discount by a third leaving some on the table for institutions.......

High End : 7M X 650  * 0.6 - 100M / 230M = $7.87 / share * 2/3  =  $ 5.24

Low End   7M X 650 * 0.6  - 100M / 300M = $6.03 / share * 2/3  =  $4.02

[tmp251000]

oops....  current shares outstanding 215 M

[ListenandLearn]

I like your #s better than the PEA's :-). So, we're about $110M and 2 years away from a SP between $2.50 to $5.00 (looseley based on the PEA)'s #s).  You would think that this thing should easily move way up when the license is awarded (a 10X bagger?).  So, why isn't the present SP getting crushed by those giant dominoes ? Seems to me that "Objects may be farther

[tmp251000]

This is why I hold on........even if I am out by 75%..............  stock is a 10 bagger plus..........just need eyeballs on this .................and  investors realizing potential.....makes it easier to stay calm and slowly add to position.................GLTA