Numbers look good net profit 5million fy17 an increase of 15m to 20m this financial year that’s a substantial increase. Rough numbers don’t think I’m to far off the mark 6% product goes for around 1150 aus a tonne 4% product selling at 540 aus a tonne so hopefully everything going to plan I’n this financial year there looking at 368k 6% product and only 70k of 4% product which should increase ebit from 20m in fy18 to 33m in fy19 another substantial increase aslong as the lithium price doesn’t dive but there’s a fair margin of safety there. Plenty of cash to find new projects and continue dividend.
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Numbers look good net profit 5million fy17 an increase of 15m to...
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