Replies to post #6063 on American Battery Tech Co (ABAT)

[KJAX]

Thanks for the response. I know they diluted 25 million from March's 2021 presentation deck to 04/09/21 (last known O/S count). I'll keep it on my radar. GL to everyone.

[GeorgioD]

Do some napkin math for just the pilot plant and you’ll see that o/s isn’t an issue.

-$180M revs at full capacity (based on current commodity pricing)
-$117M at 65% ebitda (very conservative based on statements made by CFO)
-$117M / 600M o/s = .195 (inflated o/s to account for future dilution)
-.195 x 25 earning multiple = $4.88 pps

Now multiple $4.88 x 10 for each full capacity commercial plant... 600M o/s doesn’t sound too bad now does it??