E25 4.55% 21.0¢ element 25 limited

Ann: Binding Take or Pay Offtake Terms Finalised with OM Holdings, page-115

  1. 75 Posts.
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    So am I right in my thinking below which confirms just how cheap E25 is....
    Going to making $20m NPAT per year now...If they did nothing else, Justin says thats it guys..... we are done and just paid out that as a dividend each year it would be a 15c dividend per share ($19m/ 130m shares) That’s a 10% return......

    I know there is no plan to do this...theres the expansion and the PFS for the batteries. I would say this would be worst case......based on getting a 5% divided return the sp should be $3 alone......

    Am I right..... struggling not to borrow more against my house and invest even more into this company
 
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