first ever profit for emm, page-16

re: first ever profit Looks like the market is waking up to EMM. Anyone reading the posts here would already have been in the know on profit.

Big upside given the size of potential orders out there with current trials and building more new pilot plants to keep up with customer demand.

With a 40 % margain on sales it's a non brainer to see sales next year in the range 10-20 mill with profit between 2.5 mill and 6.5 mill. Given a PE of 10 that woudl mean a market cap 25 to 65 mill. Current market cap around 9 mill even after todays rise so basically 180 to 600% potential here with any sort of luck.

Given I own close to 2 mill of these I'm probably over optomistic but it's worth a close look.

Cheers
hots