Very rough back of envelope calcs, input and adjustments required:
105 million euro net cash/ 1.4B shares on issue: 0.075 euro per share.
At a possible future pe of 10: 0.75 euro per share.
Converted to aus: 1.22 per share.
At 75% of 75%, 68 cents per share.
Does not include dilution upcoming, nor cerenergy.
Giddyup!
Ann: Outstanding DFS Silumina Anodes Battery Materials Project, page-3
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