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so what is your expectation for 2021/2022 crk , please share
I take it you’re in for the long term and looking to build a Death Star off the profits then.....
There’s a long way to go and a lot of ups and downs along the way.
I guess I’ve a more modest expectation of where this share will be by 2021 / 2022 but hey I hope you’re right.
My friend just exclaimed after reading out aloud your post crk , NO **** Sherlock , lol , I did say after producing , possibly 2021/2022 some time .
Fingers,
That’s quite the leap from 26p SP and represents a yield of around 7%.
I feel there’s a few years between here and there.
I’ve been watching the share for a couple of weeks and should have bout in at 22p but only pulled the trigger at 26p so feeling a little red faced at the moment.
Looking forward to seeing how EMH progresses.
GLA
crk22 , dividend is related to profit not the share price but to assist the price per share aprox when we dividend will be aprox 11.30 pound
Did, what would the SP need to be to justify 85p per share dividend.
That figure just doesn’t seem feasible to me.
Absolutely sid it is a win , win win . I wonder now if there could be a slim chance that we open cut . The greed of money does wanders now .
IF CEZ were getting 85 p a share dive from us 70% of that I assume goes to the Czech finance department ? what a way to reep the rewards eh?
well certainly beat the premium bonds in the UK lol
KC would of considered this too? when choosing which companies to partner up with?
for his personal shares that would be quite an income with out selling any shares off. pro rata for the rest of us lol
No sid not a one off payment . And yes once we are producing Li . I say we will do minimum 50,000 tonnes of Li per annum , VW will make sure of that . And for ease we will make $10,000 a tonne profit so that is $500 million USD profit Now we convert that to Ozzy dollar for tax purposes and we will make $700 mil aud , i also believe we will only end up with 350 mil shares on issue , so for some simplicity we will make $2.00 a share profit , and 75% of that could be dividended . We certainly wont need the cash . Now I have not considered tax payable so give or take 25% . There are variables ie amount of actual shares on issue at the time , there may be even less , US conversion and the actual price we get for hydroxide I have used current price , but truly believe will be a lot higher when we produce . So yep somewhere between 70 p and a quid every year .
when you say that CEZ will expect a dividend from us, I assume thats once we are making the profits we hope to? 85p dividend ! one off special payment? and then lower later?
85 p dividend AND still keeping your shares to grow in value over years? I would think if that was the case , wouldnt a take over be on the cards? for those juicy dividends? and growth too of course? I cant say I know much about this stage of things as no company ive been in from beggining to production and beyond now I will potentialy have two!( BCN)
sid , just a thought re your holding , czech republic share holding in CEZ is there for an income , and the CEZ does issue massive dividends , once partnered CEZ would also expect dividends from EMH , which is fine by me considering the profit we may make will be aprox $2.00 aud a share , at 75% dividend share policy , we could end up with $1.50 a share dividend ( 85 p ) We wont need to keep the cash in bank . Now that is a very real probability , and we still only trade at 50 cents .
News is spreading , waiting on world instos to get the news .
https://www.reuters.com/article/us-cez-european-metals/cez-gives-european-metals-funding-may-partner-on-lithium-project-idUSKCN1UB0H4
I have yet to sell a single EMH share since first buying in at 7. 88p and upwards. last week I fortunately added 91,000 more shares , I aint selling anytime soon lol This can be life changing for some of us ......and still can be for anyone thinking of getting in now.
Serious point I made 3 weeks ago.
20p I set a suggested level. Now 27p. Yes there will be profit takers. However !!!
I also suggested 3 weeks ago 20o, 40p 60p .... It IS NOW back on.
Many called me out for ramping way back 2016 from 8p to 85p latecomers. I didn't like Babis , BUT I am not stupid.
He is now getting his poundSS of flesh. He and the CEZ / Czech Gov ARE now in the game ! That is what several MAJORS were waiting for !
So I simply repeat mu suggestion, it could always go tuzz up but I now doubt it very very much.
20p base, 40, 60 .....
You sell you lose. See me in December and tell me I was wrong ! Happy to be proven wrong. The naysayers last time I talked of big prices 8p and up were all proven wrong.
The Czech Gov and Babis are in FOR THE MONEY !!! Take heed and ignore the penny 10% brigade.
A genuine post Sid.