Originally posted by Roostar
Is this a correct really basic, dumbed down value assumption at production?....
- Rock grade at 1.66% Li @ $900 per tonne gross minus FOB cost of $297 p/tonne. ($603 profit)
- 1.8 billion shares on register (presently)
2mpta = 1.2 billion dollars = SP value of $0.67
5mtpa = 4.5 billion dollars = SP value of $1.67
10mpta = 9 billion dollars = SP value of $3.35
Plus tin credits
Plus Tantalum credits
Minus discounts for where we are at right now
And how many years is life of mine at each mpta level? ......Pretty long
Unfortunately no it isn't. Refer to page 5 of the scoping study. 2Mtpa produces throughput of 440,000 tpa of sellable lithium, so your numbers are about 4x too high. That said, you're also only looking at profit per share. You could apply a pe ratio to that and..... The sp figures are actually higher than what you've got there. Also we only have 60%. Of course we all know the SS is going to be refined so you could then even further improve calcs.
