Shares & Derivatives
Why I am bullish on AMAL
By Marksman Investment Corner  •  March 20, 2018
This post is quoted and based on an analysis done by someone at InvestingNote, and I have trouble finding the link; if you are the original writer, please let me know so I can give credit to you. Stage 1 production = 155,000 tpa Stage 1 production with Lithium Fine Circuit (LFC) = 220,000 tpa (Taken from the interview with TAW CEO) by end of 2018 Stage 2 production with LFC = 440,000 tpa (Taken from the interview with TAW CEO) by Jun 2019 Production rate will be almost 3 times the rate of stage 1  production. The timeline is realistic and I trust Mark Calderwood in delivering it based on the track record. P/E is based on price of S$0.395. Stage 1 - During Stage 1 production which is now, the project will be generating a gross profit of (US$880-US$429) x 155,000 = US$69.9m or S$91.6m. AMAL gets 50% which is S$45.8m. At current price ......
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By Marksman Investment Corner
I am turning 30 this year, and I work as an engineer for my profession. I am also getting married to my lovely fiancee this month. In my off-hours, I enjoy reading more about investing/trading. I started my journey in investing/trading not too long ago (about 2 years ago?), with the biggest catalyst to dive into it being witnessing a sudden market crash and then realising, "Hey, these guys are overreacting! Maybe there is something to be had here." I experienced some downs and ups since then. My aim? Financial independence; Retire Early (FIRE) by 45.
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