So I did this drill several years ago but can't find any of my old scratch pads and calculations regarding the ideal "in-production" market cap valuation for Nautilus based solely on producing SOL 1. I tried looking up the number from the old geological reports for grades of each element expected to be harvested but can't even find good answers for that now. Also, I don't recall the expected "up-time" for production or the projected Tn/hr or Tn/day of ore to be drug up from the sea floor. I think I have a decent handle on operating cost minus any unknown debt that may be taken on but I'm sure there are several things I'm not considering here as well.
Long story short, can someone point me to a recently revised calcualtion (in this forum or elsewhere) that can give a decent breakdown of valuation based on current outstanding shares, expected SOL 1 REVs, operating cost, and some conservative earnings/EBITDA multiplier?
I recall last time I did this that I came up with about $7 pps but that was several years ago before a lot of things have changed including a lot of dilution. I would anticipate this number to be somewhere around half of this now or slightly less $2.75-$3.50 maybe per share.
Any help would be greatly appreciated.
Cheers