RE: I would NOT be selling17 Jul 2019 13:25
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 .