RE:Deutsche Rohstoff AGBlackrider wrote: Deutsche Rohstoff AG has reported that the mining of the stockpile has begun, the company would like to increase the stock further, but has concerns about getting out again on the stock exchange, since you own 12%, you would then have to sell everything as a package. Processing is then scheduled to begin in 2025
Well based on their latest financials they could certainly increase their involvement even more. Loads of cash at hand...very healthy company!
Strong Q3 2024 with EUR 122 million EBITDA after 9 months
Revenue of EUR 171.6 million
Consolidated net profit of EUR 36.2 million
14,702 barrels of oil equivalent per day (BOEPD)
Decreasing capex per well
Around EUR 150 million in investments after 9 months
Equity increases to EUR 209.7 million
Earnings per share after nine months at EUR 7.32
Revenue and EBITDA forecast for 2024 confirmed