Ann: Diversified recycling offering through DB Schenker agreement, page-7

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rokkett

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10/04/25

10:34

Post #: 78634684
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Originally posted by pangunaCu: ↑

Don't know how you make that call on MMD sales. There's nothing specific in the reporting that defines the sales breakdown. I would be fairly certain that MMD makes up a very small part of the play and in fact the revenue is in the main 'B' Cycle rebates/income and independent collection/recycling services revenue outside the scheme. If you were serious about "your" company you'd see how the ship has been turning from recycler focus to that of a "service" company. As for this new arrangement seems to me just another smoke signal without real numbers to back up the rhetoric - rinse and repeat.

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Half yearly Envirostream reported $3.8m in revenue and a gross profit $2.2m.
Just my guesstimate of $6 plus pa.
Don't see any other ASX Li ion battery recycling Co. making a profit or for that matter any other ASX co. considering battery recycling not being in a suspension.
This co. is way oversold imo.

Good luck in your investments.

Last edited by rokkett: 10/04/25

LIT Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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