Care to elaborate on how you get to $5 in 2 years? I just think it's a little conservative!
In 2 years we will have;
- 1 years worth of positive free cash flows @ base case - $30m p.a. (conservatively supports the current SP with no up-side baked in)
- COMPLETED expansion to 3x current operations (PFS already done - this is planned for Feb-22) and will deliver 1 year FCF @ ~$110m p.a.
This alone supports $1bn+ MC or $7.50/sh (132m SOI). For both these points we are hugely de-risked once production commences and goes off without a hiccup in a few weeks time. If we can prove we can do this then we move in on $5/sh very quickly, <6mths time IMO
Then the behemoth, in 2 yrs we will also have;
- PFS that supports HPM completed & likely on the way to becoming a HPM producer - $ = ???, even with heavy discounts you'd have to think $10+++
- Forums
- ASX - By Stock
- We Have Power!
Care to elaborate on how you get to $5 in 2 years? I just think...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add E25 (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $48.38M |
Open | High | Low | Value | Volume |
21.0¢ | 22.0¢ | 21.0¢ | $12.77K | 59.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15265 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 1722 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15265 | 0.210 |
2 | 22273 | 0.205 |
8 | 90514 | 0.200 |
4 | 575528 | 0.180 |
2 | 15882 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 1722 | 1 |
0.235 | 2148 | 1 |
0.240 | 3882 | 1 |
0.250 | 32000 | 1 |
0.255 | 1892 | 1 |
Last trade - 14.02pm 14/08/2024 (20 minute delay) ? |
Featured News
E25 (ASX) Chart |