RE: AGM Update28 Jun 2024 11:12
Alright then, alright.. so now we have some very vague figures (if they are correct). So, it's expected to be around 1 million per plant per year. Now we have a plan for 5 plants (unfortunately, the timeframe is missing, 1 year or 10, who knows). So let's say around millions in income per year after the agreement. So, what is a company worth with approximately 5 million in income? What P/E should we apply? Since new energies and recycling are currently in high demand, a forward-looking, positive growth potential should also be noticeable with solid patents (if they are present in the key markets). So, let's assume a P/E of 15 and 5 million per year, we should be looking at a market capitalisation of 75 million when all the planned plants are operational. When will that be? As I said, in 1 year or 10, who knows? Well, Castlepaule, there's still a lot missing for the 500 million market capitalisation you predicted for next year.