Re: Great Tesla read....
in response to
by
posted on
Nov 24, 2014 04:06PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
Panasonic had revenues last year end of about $65 Billion dollars and they have 481 companies that consolidate into that number. They also have about $6 Billion in cash.
So for those who think a company would not pay $1-$2 B for Albany - this is one weeks revenue for a company of this size. This is the size of Companies that have eyes on the prize. Companies like this would not sign long term contracts to buy graphite for $8,500+ per ton when they can buy the whole reserve for $1,000 per ton and mine int for $2,000 per ton.
25 Companies of this type and size have NDA's..just saying..if one of them wants to buy it they only have to make a reasonable offer (not the $80 someone tossed out) that is acceptable to the BOD with a very large break-up fee and it's a done deal. Could the board realistically refuse a $12-$15 US bid right here and now?
The real unique part about this deposit is - we have no clue what it is worth to each of these large end users. No clue. The $8,500 is an average number of some kind. It may be $5K to one group and $15K for another. Since I spent last week on the beach in Mexico thinking about this, my best guess is we never see a miner offer a buyout. A miner would have to secure long term deals to seell the product whereas a big assed multinational with a mining arm just uses the product itself. Worth far more to an end user than to a miner IMHO.
Not saying we get an offer and not predicting a price just thinking out loud a bit.