Yep its been a while, 3 years and counting for me, but I have taken the opportunity to average down as progress continues.
24% on 50m will give 12m to cover the overheads and yield a small profit. For me the story is in how little the overheads grow from now till 450GWh under billing. Only growing by 2.2m when revenue goes up by 35.5m in next years estimates and even less proportionally in the following year at 1.7m for 35.5m growth. LPE is made for scale up (Page 14) https://www.localityenergy.com.au/site/PDF/1569_0/InvestorPresentationJune2018
Growth is pretty impressive from now with LPE planning 100 gwh/pa from embedded networks, plus DMC of 4gwh/month. (pg 6)
The acronym has got me stumped, some combo of GLTAH and GTFO ?
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