In a sense, finding a profitable way to recycle carbon emissions...

In a sense, finding a profitable way to recycle carbon emissions on site further reduces our cost of production of zinclear. Bringing the lab work in house to generate an additional profit does the same. Leveraging experience at TWD to install solar panels and incorporating this potentially groundbreaking battery tech that nobody else has results in further cost reductions. Our price is already the lowest in the industry and nobody wants a price war with us because they know we would be the only survivor.

Now we put out 10 new products with a negligable impact on operating expenses. I agree it's likely this helps us fill the new capacity and more. Who knows, maybe we can demand a higher price for our unique products. Hawaii is proposing legislation to only allow FDA GRASE ingredients in sunscreen and perhaps other states will follow, not waiting around for the chemical lobby to come up with a proposal to test for the required safety data they know they cant produce. Any regulation that bans chemicals expands the size of our market that is not subject to pricing pressure from chemical conpetition.

Everything is pointing to much larger scale at a stable or higher average price, while our management continues to find ways to reduce costs of production. 3000MT at A$33 is $100m revenue, 50% EBIT margins and 30% tax rate gets us $35m net income. I think we could possibly do this in CY20 or FY21 but even if it takes a few years and we get a middling PE multiple of 20x, we will get a market beating return on our shares. A double in 3 years is a 26% annualized return. A triple in one year would be a bit better than that... 30x trailing P/E would be pretty reasonable for continued triple digit growth. Lots of exciting growth stories out there but very few that are massively profitable and obviously undervalued using the simplest valuation yardstick we have.