SRL 2.33% 42.0¢ sunrise energy metals limited

Water News, page-12

  1. 3,387 Posts.
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    Hi @bdigii,

    Thanks for sharing. Your calculations are accurate.

    Assuming the same service fee and the same contracting approach, for a 15 MLD plant (Townsville) this equates to a service fee of $1.15 million AUD per year.

    If CLQ could get 8 of these similar sized plants up and running, that would justify the current EV ($80m) alone on a 10x PSR.

    I think CLQ generated revenue of $5m in FY19 from CLQ water?

    FY20 CLQ water revenue could be $10m. At this rate of growth, we might be looking at $20m in revenue from CLQ water in FY21.

    T.E.P.
 
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