I was just wondering where everyone is coming up with their numbers
and to be honest - most of them sound quite "authoritative" :-)
The fellow I asked did not respond and I was not picking on him personally
but I have tried to figure out a value with what we KNOW NOW rather
than some speculative number.
I think the stock is underpriced even if we use $1500/ton and highly underpriced
when people throw out $6000 0r $8000 a ton. I am trying to figure out why people
are assured of such pricing? I know very little about graphite just like almost
everyone else out there. I am used to buying penny gold or silver plays so this
is completely foreign ground to me.
Not sure why you want to even use $1500 a tonne? First of all, in the history of mankind, Vein has never sold for $1500 a tonne unless its less then 90% purity. When you have 99.99% purity the people that consume it ie- steel industry pay $30,000
So lets say we have to sell for less because the market is not there, ie not enough people buying the $30,000 stuff. Perhaps reading this will help zenyatta.ca
So why is the stock so cheap based on this info? Thats easy. There has never been a discovery like this on the planet before. So many people do not understand the electrical/physical characteristics yet. So, some including Mickey Fulp have suggested its not vein graphite at all, its Amorphous. Others suggest it may be vein but may not be electrically/molecularily equiv to the real vein stuff. So there is lots of questions out there as to what this actually is. ZEN and the people who are assaying it, have no issues as to what it is. But the world in general want some outside tester to say what it is. Thats what we are waiting for.
I am told come end of Sept, we will get a quality assurance good or excellent
from Universities - at that point we may be able to say $6000 or $8000 or more
but for now I think (and may be wrong) that suggesting the stock is worth more
that $15 at most is just speculation. Am I wrong?
No you are right. Its worth what the market will pay, assuming TD/ANON would fark off and leave us alone. Using $6K a tonne its worth alot more then $15. I am suggesting based on potential its worth $8.00 right now on the premise that if we do get 6N and we do find we are a perfect replacement for synthetic its actual value is probably north of $100 a share. So $8.00 is a responsible number based on the possible upside. Bears suggest $3-4 is all its worth based on the same upside possibility. I do not agree but it seems TD/ANON do.
The day the University study comes out it will be too late to get in, IF the results are spectacular. If they are not spectacular then it may be too late to get out lol So downside is $3.00 upside is $97 whats that worth? |
