Unreal that they made $112 million profit in a quarter in a growing industry as demand for EV’s , renewables , battery storage is exploding and the SP sits at a PE of around 10. Can someone post that rocket ?
ive held since 2012 bought at $1.10 ( equivalent of $11) all the way to 2.3 cents and feel endlessly frustrated - it should be north of $20 with the current operational success and world demand and prices . Once the Kalgoorlie plant is built and any Malaysian sovereign risk is removed
then it might go to its full potential ?
also they obviously fairly certain the epa will approve it given they have ordered a whole bunch of kilns etc - seems like a bit of a gamble ?
Ann: Quarterly Activities Report, page-6
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