Hi Dave,
Not sure what you mean by "they still have a long way to go". As far as I am concerned EDE/EdenCrete are just about there!
The upgrade is all going to plan and Colorado Stage 2 will be fully operational as from early next year. EdenCrete is targeting to sell all the EdenCrete they can produce in 2017. This is all according to news I received within the last 2 weeks, so it is very up to date. Providing nothing changes, EDE/EdenCrete will then be a going concern producing at least 2 million gallons of EdenCrete p.a. with an estimated value of at least US$50 (AUD 65 million - US$/AUD X-Rate = 1.3000). The annual profit on this turnover should be AUD13 million (based on a 20% margin).
It doesn't get much better than this!
Cheers!
MB
EDE Fundamentals and TA, page-118
Add EDE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.427M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.008K | 1.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 217634783 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 9845587 | 11 |
View Market Depth
| Last trade - 10.02am 19/07/2024 (20 minute delay) ? |
| EDE (ASX) Chart |