Nimbus , I would highly recommend that you did average down . Just posted in London , the figures just keep getting better every day :
FX : "The way I see it Lawrence we have 145,142,227 shares on Issue , post production we will make $225 million profit ( ie 22,500 tonnes Li at $10,000 aprox profit at todays market price ) . Currently that being $1.55 per share earnings without a price earnings multiple , if we give it say a PE of 15 ( which I think would be reasonable ) That share price quickly moves to $23.25 Aud a share . Based on my predictions of next partner cap raise and the production cap raise we will end up at aprox $8 a share . Nothing to sneeze at . My cap raise predictions are based on Partner : 25 million shares at $1.00 and 230 mil shares at $3.00 for production . For a total of aprox 400 mil shares . There will be some very tidy profit to be made here . All to happen in a couple of years . "
ANT : 10k profit per tonne after costs??
FX : " Absolutely Ant , will probably be more when we do the Hydroxide route . Hydroxide also produces aprox 10% more for the same amount of ore . so effectively my numbers are extremely conservative . You can easily change the $225 profit to to $250 mil profit and reflect the new numbers . We would then get closer to $10 share . That too depends on total dilution , but I also have not allowed that there will be bank finance for part of the capex raise ."
- Forums
- ASX - By Stock
- EMH
- Great News
Great News, page-209
-
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EMH (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.26M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $39.89K | 230.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 33664 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.165 |
2 | 65000 | 0.160 |
1 | 6458 | 0.155 |
2 | 28333 | 0.150 |
1 | 14000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 33664 | 2 |
0.205 | 16414 | 1 |
0.220 | 6400 | 1 |
0.240 | 10670 | 1 |
0.280 | 40350 | 2 |
Last trade - 15.56pm 13/09/2024 (20 minute delay) ? |
Featured News
EMH (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online