EUR 0.00% 3.7¢ european lithium limited

Ann: Critical Metals Corp. F-4 is Effective, page-71

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  1. 67 Posts.
    lightbulb Created with Sketch. 13
    Good day for LT holders! A positive step forward.

    I still don't understand how the value will feed through to the EUR Market Cap, the project economics are outdated with a BFS that is surely redundant now? 1.5Bn was based on 49k/ T USD pricing where the spot price is at 16k today. Gross opex was c19k.... . 20% reduction in spot price (c40k pricing used in the model) would yield an NPV of 900m so at todays spot price would be much lower. It would seem the company is making a pivot to significantly reduce Opex / Capex but these details are absent from what I can see .... so valuing EUR close to 1Bn AUD would seem highly unlikely? most likely I lack the understanding of the way it's all structured, wish all good luck nonetheless.



 
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