RE: New to EMH10 Jan 2021 00:33
EMH Vision 25% of 30,000,000 cars in 2030 equivalent to aprox 500,000 tonnes of Li based on 67 kg per vehicle Tesla has 72 kg in them , The Li Price by then may be $24,000 a tonne so we would make $20,000 a tonne profit on 500,000 tonnes of Li . you can do the rest of the maths give it a pe of 15 because of all the dividends and walla . Simple maths really .
Sid Cez is the Government institution for income via dividends , they have a mandate to dividend 70% of their profit , I would anticipate that their involvement in this project would also mandate dividend into Cez coffers and hence the strong conviction of mine that this project is being set up as a cash cow for the government . I am sure there is no ambition to diversify into other product or mines . Again so I believe 70% of all profits in Geomet will become dividends , they wont need the money for expansion etc as it will come out of cashflow and any loan for the original capex ( and I have it at $1 bil USD ) not $500 mil will be paid pretty quickly out of the balance of 30 % held . I suspect a Bil will be paid out in 3 years having made a $bil every year for three years .