E25 1.69% 29.0¢ element 25 limited

Apologies to Transcender who I just noticed had already posted...

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  1. phw
    611 Posts.
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    Apologies to Transcender who I just noticed had already posted this important piece of news

    Anyway, no harm in me highlighting it again

    When E25 reach production of 1 million tonnes per annum, a price change/rise of this magnitude adds an enormous amount of extra revenue and therefore profit to the operation?

    So roughly ...

    US$5.32 - $4.21 is an extra $1.11 per dmtu

    $1.11 x 33% grade is $36.63 extra per tonne

    Divide by .75 for the Forex is AUD$48 extra per tonne

    Multiplied by the planned 1 million tonnes and Butcherbird revenue is an extra $48 million per annum than the PFS assumptions ?

    That simply means larger profits, higher NPV, higher IRR's and ultimately a higher share price

    And this is all before the battery grade MnSO4 gets included !
 
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