EDE 0.00% 0.2¢ eden innovations ltd

Earnings, page-12

  1. 62 Posts.
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    Am copying this from US defence department nano etc, thread should have posted this on this thread but was in response to a comment by MM. Apologies for duplication.


    As much as I would like to see a fat dividend cheque, or even a thin one for that matter, I am assuming that the income from Colorado will go to building Georgia 1, 2 etc so no dividends likely before 2020 or later is my guess.

    If another product such as EdenPlast takes off it will require additional CNT production, as planned production is already allocated to EdenCrete and current capital is also allocated to EdenCrete. This means new CNT production would have to wait until money is being spun off from Georgia after 2020 or more borrowing or cash raising would be required. Unless of course a takeover happens as some suggest, which I hope never happens as it would be killing the goose that lays the golden eggs.

    MHO, DYOR.

    Cheers
 
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