Thursday, September 22, 2016 4:14:44 PM
If they can book the revenue, this stock will fly. Imagine $180 million a year.....for 5 years! Subtract expenses and a small reserve of $20 million and that leaves $160 million, per year. If our outstanding shares reach 400,000,000 you can all do the math...that's 40 cents a share DIVIDENDS, per year. No way this stock stays under the yearly dividend payout. I'd be surprised it stays under $2.50 - $3.00. Even at that, 40 cents is a healthy dividend return.
Now, it all comes down to the revenues, because until they start delivering ore to the customer's trucks at the mine, we've made zero. So before everyone gets all goo-goo eyed, remember they've NEVER delivered revenues on a commercial scale before. That's the risk to this investment. Can they do it this time?
I really don't know if they can. I certainly hope so. I'm tired of waiting.
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