1MC 20.0% 0.3¢ morella corporation limited

AJM Chart, page-4453

  1. 3,293 Posts.
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    That a dangerous question to ask here. No one knows for sure, but the SP is now at a point where the plant had not even been built. Clearly its undervalued, but then the the AFR's Lithium over supply story got us here too.

    Since AJMs output will be half of PLS's output you could say, assuming both companies achieve similar contract prices, that AJM would be making half the revenue PLS makes. So our Mcap (now 391m) should also be half of PLS (now 1390m) at any given time. In other words our SP should be low 4s at present.

    Mostly upside, and little downside from here. But Do your own research.
 
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