well I just take a rule of thumb as we are so far out of that future time zone and there is so much potential for EDE it is an enjoyable exercise to estimate long term SP's. So I guess I simply take estimated sales divided by probable number of existing shares by a factor of 16. Then take a stab at where the SP may be at that time all things being equal. Of course there is a huge amount of other factors as yet unknown totake into account. But, assuming EDE is selling all it can produce at that time then that is the SP range I am guessing at. That is the wat it looks to me from here. There is much happening in the next few years and who knows what after that? Road repairs, new roads, Korea, Plastics, bridge beams, zero or reduced reo bar requirements trials will be completed and a myriad of applications that will flow on from all this activity. I can't help thinking that the sales team is large and experienced and still out there promoting and setting up trials. I personally don't have much problem with $10 SP in 6 year's time as an estimation but if it is only $5.80 I won't complain...on the other hand what if it is $13.70? I just like estimating to keep my patience in check and to have a goal...in the end it is only my own estimation based loosely of what we know now and what we know is to come...Beton's excellent posts give a rare insight into the concrete industry and their way of thinking and he is upbeat. I am upbeat but do your own sums based on reasonable assumptions...I try to do this but time will tell as more of the EDE story unfolds. MB said the instos (i think it was MB) won't start to get on board until at least 6 months of increasing sales had been achieved. When they do then watch the SP go...I reckon we have up to 12 months before they start buying...my opinion only as always. There will be more times when we are tested and many more when we are delighted with the news...EDE is almost a no brainer...that in itself rings small bells somewhere in the distance so keep your eyes on the bouncing ball.
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