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crossball

11/28/20 10:29 AM

#30983 RE: chemist72 #30982

Interesting..thanks. a solid notion knowing that Sri Lankan graphite is the purest in the world.

chemist72

11/28/20 11:41 AM

#30987 RE: chemist72 #30982

An estimate of revenues for Ameca based on spherical graphite prices from China (fob).

As stated in the link below 99.95% spherical graphite from China sells for $2,350 to $2,600 per tonne. So the projected revenues from selling 15,000 tonne per year of this material would be ~$35M to ~$39M per year.

https://www.indmin.com/Article/3964176/Graphite-LatestNews/GLOBAL-GRAPHITE-SNAPSHOT-Higher-flake-prices-in-China-lead-to-surge-in-cif-Europe-market.html

This works out to be ~$.09 to ~$.11 per share (I used 370M shares outstanding for this calculation). Apply some multiple of revenue per share to obtain a price target for STHC based solely on a current production estimate of 15,000 tonne per year (as stated by Ameca). This, obviously, does not include any price premium for future production increases OR for the value of other metals produced by STHC!