Based on Fingers xed table suggesting an average of 55-57% Market cap to NPV for projects at various stages of development (most not started construction yet), I think the following would be reasonable for EUR assuming an A$1 Billion NPV when DFS is released;
25% of NPV / A$250M market cap or say 25 cents per share upon DFS release (aligns nicely with First Berlin target)
30-35% of NPV / A$325M market cap or say 30+ cents per share upon DFS, then signed off-take
40-50% of NPV / $450M market cap or say 45 cents per share upon DFS, then off-take, then finance secured
The following 2-3 years will then move close to 100% of the NPV and contemplate market pricing, construction progress and the like. Around $1 per share upon commissioning, maybe more pending Hydroxide pricing, maybe a bit less depending on dilution.
These are my indicative targets. I will certainly be holding the majority of shares to realise the value at the production stage. 3 or so years might seems like a long time, but I can wait that long to grow my investment by 20-30 times (as I hold mostly options). I will probably sell a few to be well and truly free carried after the finance stage. No hurry. I am a buyer, not a seller at the current prices.
- Forums
- ASX - By Stock
- EUR
- EUROPEAN LITHIUM LIMITED
EUROPEAN LITHIUM LIMITED, page-873
-
- There are more pages in this discussion • 4,097 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EUR (ASX) to my watchlist
|
|||||
Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
4.8¢ | 5.0¢ | 4.8¢ | $31.19K | 638.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6056 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 323395 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6056 | 0.048 |
4 | 195276 | 0.047 |
4 | 232739 | 0.046 |
6 | 264344 | 0.045 |
5 | 117848 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 323395 | 4 |
0.051 | 40000 | 1 |
0.052 | 81684 | 3 |
0.053 | 87000 | 1 |
0.054 | 250000 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
EUR (ASX) Chart |