I have not posted my thoughts on eventual stock price but I am going to try today. First here is paste direct from HBK business plan (found on their webpage)

Highbank Resources Ltd.

 

Business Plan: November 27th 2012 31

Per Tonne

x 1.5 M Tonnes

C$

C$

Gross Sales Revenues

22.50

33,750,000

Less: Royalties

2.05

3,075,000

Net Sales Revenues

20.45

30,675,000

Expenses

Project Management

1.00

1,500,000

Shipping/Barging

6.00

9,000,000

Production – Washing, Crushing, Loading

7.00

10,500,000

Site Camp

1.00

1,500,000

Fuel

2.00

3,000,000

Terminal Storage

0.50

750,000

Total Expenses

17.50

26,250,000

Gross Profit

2.95

4,425,000

I am going to use the gross profit per tonne of 2.95 but to make it simple I will cal it 3.00 dollars.

70 million tonne deposit (43-101 on web page)

70 million x 3.00 gross profit per tonne= 210 million dollars

We currently have aprox 87 million shares fully diluted. I am going to make the assumption that with financing we reach 100 million shares o/s.

210 million in profit divided by 100 million shares = $2.10 per share. Even if I now take 50% off for taxes and interest.....I am left with over a dollar per share. Can this be made more clear?

On tuesday HBK closed at .075.

This stock is going up....way up, enjoy the ride!