If you don't believe that LPD is a potential 300 bagger, it's probably because you believe the 2 cents posts.
Count properly. Stretch your imagination.
Canada, Phase 1 LMAx, 3,000 tonnes LCE, ~A$60 million profit after byproducts, conservative mcap X10~$600m
Canada, Phase 2, 20,000-25,000 tonnes, add ~A$450 million profit to Ph1, $510 million mcap X10 ~$5.1 billion
For Europe, Add another set of Ph 1 and Phase 2, ~$10.2 billion including Canada
For Japan, Add another set P1 and P2, ~$16.3 billion conservative mcap, CA, Eu, and Japan combined
$16.3 billion divided by $56 million current mcap is ~ 291 baggers, rounded to 300
That's the vision. It's 30 to 300 baggers for me, anything in between will retire me, my wife and daughter. What's your vision?
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