PRW 0.00% 0.1¢ proto resources & investments ltd

nickel day broadcast announcement, page-2

  1. 26,637 Posts.
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    unbelievable.

    These guys are 15 months away from a 4000t nicol production, ramp to 8000 tpa the following year!!! So the broadcast says.

    lets just look at this for a second.

    4000 * 32000/t = 128 mill, ramp to 256 million earnings

    But rule of thumb, lets half for costs, so profit would be
    64 mill ramp to 128 mill, for a 16 mill mc company!!!!

    15 months!!!!

    PE ??? 8:1 puts their target MC at 512 to 1024 mill.

    Thats 512/16 = 32 to 64 bagger in 15 months?

    Am i missing something??
 
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