There is still not enough fundamental data available yet to forecast SP based on NPAT, EPS & P/E. GXY has not provided forward estimates other than quantities processed.
We have to wait until the Li-Carbonate plant is in production to get a handle on revenue and costs and the prospects of higher grade li-carbonate.
Other than that, we have to rely on guesstimates, TA and speculation.
The ann. of hot commissioning and the grade achieved (due soon) will give us a good indication of potential revenue.
Cheers Moorookamick
GXY Price at posting:
28.0¢ Sentiment: ST Buy Disclosure: Held
