Spod returning to a modest US1800t will add A$150m to our annual revenue. On a PE of just 4, our current market cap would double.
On PE of 8, our current market cap would increase by factor of 4, or approximately $2 per share once in full production early 2025.
As some socials have stated, once in production Leo makes a compelling investment from here.
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- Ann: Leo Lithium Provides Project Update
Ann: Leo Lithium Provides Project Update, page-124
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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