Monday, November 11, 2024 9:17:41 AM
Considering just operating costs (taking out plant infrastructure for example). Net profit could exceed 4-6M for the quarter. That is q4. Not q3 to be reported wens.
Market cap 8M.
New 15mw plant has capabilities of mining 150-200 btc a year at full capacity. Roughly 15M. Excluding potential revenue of the rise in value of btc holdings. Cost to mine a btc with s19s is roughly 45k.
Forward PE currently for the entire year with q1 gain q2 and q3 loss and q4 forecast - is 1x
Forward potential PE is even less.
Even a 15 PE would value this at $45 a share.
It's no wonder the execs hold options at $30/share.
Big pay day inevitable.
Recent LMFA News
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 01/13/2025 10:17:59 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 11/13/2024 02:17:44 PM
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