Sarissa Resources Inc (SRSR)

[Max Power]

a lot of people are talking about long term production at that this will be a 20 year mine so hear goes:

assuming 10 billion dollars of niobium
Scott mentioned 35% extraction cost.
that leaves 6.5 Billion dollars over 20 years
that works out to about 325 million dollars per year or
about 50 cents per share profit per year.

at a nice 12 times earnings share price that would equate to a share price of $6.00 per share, niobium only.

wow, with that maybe we should can all the jv talk and wait for production and all the tantalum, uranium, and REE's that will jack up those numbers some more. and the other properties etc..

this estimate while very rough uses a, imo conservative 10 billion total minable assets for srsr, and its not like management is gonna sit around on their hands for 20 years






everything everybody says is from their own perspective, especially dealing with stocks. including me.