General Discussion AGY, page-883

Exactly as Simoncho explained.

Note, critically, my point about "current" resource size (and production rate btw).
This is what principally differentiates the existing NPV estimates with a P/E style of estimate.
AGY's "stated" NPV is limited to a "known" and "defined" project. As you recognise, this only reflects the "known" project with specific assumptions.
Some analysts like to combine a bit of both (NPV and P/E) to allow for growth and expansions afaict.
Imo with circa 100 million bucks coming in per year at 10ktpa, there is no reason at all that this does not become a growth company. Growing resource. Growing projects. etc.
Otherwise we get a 5c per share dividend each year..?

Hence, the "valuation", imo, will not at all be limited by the "current" 10ktpa x 16 year project.
We are simply starting off with "what we know" as the first target, and imo will grow as time and funding permits, just like most other big fish out there.

10ktpa x 16 years is not the end game imo. Far from it, but we need to start somewhere!
The demand outlook is simply staggering. Imo anyone who can produce quality chemicals will be pushed/funded to expand and expand wherever possible, as the next few years unfold. Imo 2025-2030 will see some red hot action in this space and in this company!

imo
dyor