E25 4.88% 21.5¢ element 25 limited

Next train station: "$3-City", page-411

  1. 2,688 Posts.
    lightbulb Created with Sketch. 546
    We will bust it in bits. Our engine is on full steam ahead mode again.

    I have just read in detail both Euroz Valuations (Dec 2020) and (April 2021), I do appreciate that these boys need to be cautious.... but:

    - still applying 70% discounting to the company valuation.... a Joke (it was fair enough back in Dec), now we are operating/exporting
    - The Butcherbird project was valued higher in Dec'20 ($237M) compared to Apr'21 ($175M)..... second joke! (plus Mn price has gone up 15% since)
    - Current value considered for the HPMS project is $75M (like 5% of the NPV!!)....... Hahahahha tongue.png too many jokes in a row.....

    Sorry, is this a valuation, or a comedy stand-up act???

 
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