Ok, let's dream about very optimistic scenario for a while. We will get to initial production phase of 20k tons per year with only small share dilution, making 9000$ per ton of carbonate. But sure with plan to make it very soon after 50k tons per year for which we will have enough credit and not need any more share dilution. That is 450 million USD per year with 200 million shares. That makes yearly profit 2.25 USD per one share. The current share value is 0.71 USD, 3x less than potential profit per share per year.
There is definitely some space for improvement. 4 AUD by Christmas it is
$4.00 Santa Rally, page-3
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Mkt cap ! $50.67M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 41.0¢ | $39.89K | 94.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 29999 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 43.0¢ | 12111 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| 43.0¢ | 43.0¢ | 42.0¢ | 14466 | ||
| Last updated 15.02pm 03/05/2024 ? | |||||
| EMH (ASX) Chart |