TAS

0.00%

0.5¢ tasman resources ltd

Nice post, but still can't get my head around why they'd settle...

First 40 Last

Share
Profile

Follow
t2

738 Posts.

22/04/16

19:37

Post #: 17583147
Share
Originally posted by MarkyBoy49 ↑

Hi malco,

I have posted a lot of stuff on the EDE forum over the last 12 months. There are a number of very good posters on the EDE forum who I recommend that you take a look at. Two that spring to mind immediately are rolling and espinsight. There are of course a few others. Unfortunately there is also a lot crap posted, alas that is life.

I recently posted the following about the projected profitabilty of EdenCrete:

I thought it might be timely to start a new thread so as to get some thoughts from you all regarding the possible profitability of EdenCrete.

I would like to firstly make a couple of points about the cost of producing EdenCrete’s CNT’s and then move onto the anticipated profitability of EdenCrete, the cash flow implications and the overall production and financing situation going forward as I see it.

As you all know the feedstock for EdenCrete’s CNT’s is Natural Gas. The price of Natural Gas is currently very low which means that EdenCrete is currently likely to be even more profitable. See following link:

https://www.quandl.com/collections/markets/natural-gas

Over 90 % of EdenCrete consists of water which is an extremely low cost commodity. In comparison to the price of Natural Gas, which is subject to major price variations, the price of water is very stable. This price stability will be very advantageous to EdenCrete, and on a long term basis. See the following link for the cost of water in Augusta:

http://www.augustaga.gov/775/Water-Rates-Fees

On January 25th this year GS made the following statement:

“Eden Innovations has placed the purchase order for the design and building of the new reactors in Colorado that will enable the EdenCreteTM production to be increased within the next 8-9 months to approximately 2.4 million gallons of EdenCreteTM p.a.”

Based on GS’s statement, Colorado should have an annual production capacity of 2.4 million gallons p.a. as from October this year. At an official selling price of US$25 per gallon this will mean that the turnover in year 1 will be US$60 million. With a profit margin of 10 % (conservative) this would mean a profit of US$6 million. However, bearing in mind points 1 and 2, I expect a profit margin of 20% or a profit of US$12 million. Provided EdenCrete produces a profit somewhere between 10% and 20%, this should put EdenCrete on very solid financial footing in little more than a year. This is an amazing accomplishment in itself and extremely rare for a start up on a tight budget. This resultant cash flow should allow EdenCrete to easily finance the further expansion of Colorado and entice Banks and other lenders to finance the establishment and expansion of the plant at Augusta.

I would greatly appreciate your comments whether my calculations and my scenario make sense.

Thanks and cheers!

I hope this helps a bit.

Have a great weekend!

Expand

Nice post, but still can't get my head around why they'd settle for such a modest margin , when they've essentially got a monopoly.
TAS Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 40 more messages in this thread...

First 40 Last

Add TAS (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.026M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	221958	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	4785706	4

View Market Depth

No.	Vol.	Price($)
1	71571	0.040
1	16035	0.039
3	215789	0.038
1	200000	0.037
2	80000	0.036

Price($)	Vol.	No.
0.044	50000	1
0.045	127874	1
0.048	125145	2
0.052	27200	1
0.055	10000	1

Last trade - 16.12pm 18/11/2024 (20 minute delay)

TAS (ASX) Chart

Day chart unavailable

Nice post, but still can't get my head around why they'd settle...

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

Power gets set for 1000-metre maiden drilling program in Brazil

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Nice post, but still can't get my head around why they'd settle...

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

Power gets set for 1000-metre maiden drilling program in Brazil

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News