I can never get over that IRR figure... 571% !!! And, its probably now even higher. David states in the Proactive vid that the price of expandable graphite has increased substantially! The margin on EG is considerable, as we know all too well.
What I cannot believe either... is the sheer size of the Panthera plant... its humungous!
I just hope that Tom is not killing himself for us!!! It sure looks hot and humid up there!!! It must be costing us heaps in Evian just to keep our MD and the workers alive and hydrated by the looks!!! Even the locals, like our JV CEO, look to be suffering in the heat.
The following shot gladdens my heart though:
Sure beats the Etablissaments Galois family pics! Happy campers are our PGT crew!
____________________________________________________________________________________________________
Last but not least, this is what its all about... what gets Tom out of bed of a morning:
It really is a fantastic accomplishment. Tom and David, and our Indian partners must be proud. The sheer size of it explains the time involved, and to bite the bullet and build Stage 2 from the outset means reaping the rewards perhaps sooner rather than later
The first ASX-listed company to produce EG at commercial scale! Well done Tom, the Evion and PGT teams!
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I can never get over that IRR figure... 571% !!! And, its...
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