Why $STHC - #AmecaMining will be $1.09 to $11.00 soon:
They have $4 Billion worth of high grade Graphite in Sri Lanka.
And an exclusive Gold mining contract from the Sri Lankan Government.
Not to mention large Palladium deposits.
Coming Catalysts:
-Delaware Court completing transfer of shell company to Ameca that is currently in the final stages -becoming pink current -Fire assay results (showing gold and high purity graphite) -Ni43 report -offtake agreements * maybe a deal with a battery company?
STHC valuation to ponder....
$450m each yr for 10 yrs (10 yrs. to mine/sell $4.5b of metals) 8% profit margin (avg. is 9% for metals mining cos.) PE of 20 (30 is avg. for mining companies) OS (s/b 370m) $1.95 PPS
Here's the Evidence:
Graphite:
There is a huge demand for high grade graphite in making Lithium Batteries.
Gold:
Considerable Gold Resources in Sri Lanka
Studies show that Sri Lanka has one of the largest gold deposits in Asia. Although limited commercial mining has taken place, the country has a significant amount of gold throughout its territories. Many of these are alluvial deposits that can be recovered by fairly simple mining methods.