Future Science Holdings Inc (FUTS)

[Journeymananalyst]

Have posted on yahoo board but hardly anyone there either. Based on their offt[take agreement priced at $1,200/ton, EBITDA on this project can reach $200 mil annually by year 4 after start up assuming production of 200,000 tons per annum and decent byproduct credit from feldspar output. This gives the project a potential value of over $1 billion less capital costs of $175 million. Do not know how project will be financed but with a projected 80% + gross margin, capital will be found.

Lots of room to run here as we approach March pre feasibility study. Need more cash now so expect a small deal soon.