Without trying to ramp the hell out of this stock, am I missing...

  1. 141 Posts.
    lightbulb Created with Sketch. 18
    Without trying to ramp the hell out of this stock, am I missing something as to a fair valuation based on this very basic summary when shipments begin:

    First year shipments of close to 900,000 Tons
    Profit of around $10 per ton after expenses
    $9,000,000 EBIT for the first year

    This is all based on Tasmania only and say 10 x PE value, could be looking at $0.70 per share.

    Is this correct or am I missing something?
 
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Last
7.5¢
Change
0.005(7.14%)
Mkt cap ! $18.89M
Open High Low Value Volume
7.6¢ 7.7¢ 7.2¢ $56.65K 757.2K

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No. Vol. Price($)
2 144189 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.7¢ 175440 3
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Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
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