ELE 0.00% 0.5¢ elmore ltd

Profit margin x 200,000 x PE Ratio. $10 x $200,000 x 5 =...

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    Profit margin x 200,000 x PE Ratio.

    $10 x $200,000 x 5 = $10,000,000

    I think the margin is more like.. $20?

    So, as above, $20m?

    Factor in the other 2 offtakes (400k) the MoU and other steel companies coming in once its a success..

    Make your own assumptions and buy based on your research. To me its like a start up. New technology in an old industry, so my PE is a lot more aggressive.
 
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