EDE 0.00% 0.2¢ eden innovations ltd

Reason why EDE announcements fall flat?, page-164

  1. 7,705 Posts.
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    India has recently mandated that 100% of a plant's fly ash must be utilised in an 'eco-friendly' way or pay a fine for each extra tonne.

    Fly ash has been successfully used for over 100 years without Edencrete Pz. You can even use 100% fly ash in geopolymers.

    We will be close or over break even and a consolidation will be on the cards. Let the attention seeking FUDsters blather on.


    You still have zero understanding 'breakeven'. Gross profit - not revenue - needs to be $6M higher than FY21. At a 20% gross margin that is an extra $30M in revenue. At current gas prices it is quite possible that Edencrete isn't even profitable.


    Last edited by PigsMightFly: 05/06/22
 
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