"" If we trade at 10% of NPV, that will be $400M USD or $520M CAN over 70M shares, that is $7 per share!
At 20% of NPV, $14, 30% would be $21.
Feel free to poke holes in this as this seems too high even for me.
But probably too low for Musky lol! "
None of these numbers make me happy either, so Musky has some company. I am not knowledgeable about these NPV numbers and how you get there. I never cared enough to learn those things when I was young enough and probably should have learned them. I was always looking at earnings per share, cash flow, or dividend yield to value what I thought shares should be worth. So I am doing that with Zenyatta.
I am not being critical of the work and values you guys are coming up with when you value Zenyatta through the NPV method. I just do not see how anyone could be satisfied with $21 per share to sell at when you think of the value once we get the profits the product will command from the market.
I realize that many here would be happy to take an offer of $20 and run. For many of us, myself included, that amounts to more money than I ever dreamed of when I first bought into Zenyatta. And that takes into account that very early on I came to the conclusion that one day our shares would be more than $50 a share.
How did I come to that conclusion? Well, back in the days shortly after Zenyatta announced their first purity results, a very respected writer on Agoracom wrote that it is going to be difficult to hold this stock under $50. So I calculated what earnings we might earn. Back then there were still a lot of questions that Zenyatta had to work out. But at a cost to produce around $1,000 and selling price of $15,000 for 30,000 TPY. It was easy to write back and agree with this writers conclusion. Nothing has happened since that time to cause me to reduce my figures. In fact, to this day, not one news release has failed to meet or exceed expectations. I love that statement. I have never seen a company make a statement like that in the past and not be wrong with some points in the results. Zenyatta has just got better and better with the time they have needed to develop this story. Some companies have tried to copy Zenyatta and make claims to compare with them, but the regulators have stepped on their toes and made them retract things they cannot substantiate. Zenyatta has been modest and this story is better than many realize.
I do not know how this will end and I wonder if our CEO and BOD know either. I do know they must have some idea where they want to go, or hope to go. The story is progressing, although many of us wish it was quicker. We are coming to a point where the markets are going to be able to figure out Zenyatta's value more than they ever have. Many of the questions investors are looking for answers to are coming pretty close to answers they will be happy with. If the Zenyatta management team still lives with the concept that everything is on the table, and I'm sure they do, then somebody makes an offer good enough to live with, or we develop it ourselves. Development and production of this graphite isn't as difficult as most mining is. One CEO of another graphite mining project said that mining graphite was as simple as developing a gravel pit. Seems to me that the people we have are surely capable to do this if our selling price isn't worthy.
Many of us bought into Zenyatta not realizing that we would still be here three years later. Well, the years are now down to months, and for all we know, maybe weeks. Whatever, I side with Musky on valuations, and most of you reading this, hope we are right. For sure, we are into the excitement this stock has promised for so long.
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