LTR 2.47% 79.0¢ liontown resources limited

Lithium Related Media Articles, page-20030

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    LTE - Updated NPV valuation
    Assumptions:
    1. SC6 = US$1030/dmt. Product sold at spot
    2. DFS production profile
    3. AISC = A$939/dmt
    4. NPV perforned at 5%
    Results:
    1. NPV(5%) = A$1927m
    2. NPV(5%) = A$0.79 (Per ordinary share)

    Hence LTR's current SP = 1.9 times NPV(5%). Very unusual at this stage of its lifecycle
    Very similar to the valuation arising from using a FCF multiplier = 10 times
    There is a valuation congruence developing which suggests that A$1.00 is not far away.
 
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