This stock is a STRONG buy, according to my excel spreadsheet.
Even on a very conservative P/E of 9 this stock worth 71c today and 82c in less than a year.
Here it is:
Column 1 Column 2 0 cost to produce per Tonne (AU) 316 1 FY18 productiion estimate 219000 2 Liuthium cocentrate price (USD) 950 3 AUD/USD 0.80 4 Capital costs AU $139,700,000 5 Annual interest (15%) $20,955,000 6 Other long term debt $17,000,000 7 Long term debt repayments (10%) $1,700,000.0 8 estimated profit AU 185,541,000 9 Number of years to complete 0.9 10 Discount per year 15% 11 Adjusted profit AU $160,073,592 12 P/E 9 13 market cap 1,440,662,324 14 Cash 37,000,000 15 Enterprise value 1,477,662,324 16 Share options 530,000,000 17 Number of shares 1,541,300,000 18 fair value share price $0.71
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Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $10.87M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.4¢ | $4.404K | 100.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 194992 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 112436 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 194992 | 0.043 |
1 | 49886 | 0.042 |
4 | 226951 | 0.041 |
6 | 246083 | 0.040 |
1 | 18000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 112436 | 2 |
0.045 | 116978 | 5 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
Last trade - 12.03pm 29/07/2024 (20 minute delay) ? |
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1MC (ASX) Chart |