Ann: Cash sale completed for Western Lithium Ltd, page-27

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Khaliqs

2,747 Posts.

108

04/07/23

15:18

Post #: 68613896

Originally posted by TopStock69: ↑
Comparing it "for like" brine sold previously, your assessment does not seem accurate. More like 70% of NPV

LPI vs Neo Lithium-

Lithium Power Int.
Stage 1 & 2
Lithium Power Int.
Stage 1
excl Stage 2
Neo Lithium
(Argentina)

Market Cap
~U$226m
~U$136m
U$1.3b

Stage
DFS or Bankable Feasibility Study
DFS or Bankable Feasibility Study
DFS or Bankable Feasibility Study

DFS Author
Worley Parson, GEA & Stantec
Worley Parson, GEA & Stantec
Worley and Groundwater

NPV (after tax)
$2.8b
U$1.4b
U$1.54b

IRR(Internal Rate of Return)
31%
39%
49.9%

Sold for (comparison)

AU$1.3b
Share price =AU$7.13

Upside
AU$2.6b*
Share price = $3.70*X6 return
AU$1.6b*
Share price = $2.04*
X4 return
SOLD

LPI vs Lithea

Lithium Power Int.
Stage 1 & 2
Lithium Power Int.
Stage 1
excl Stage 2
Lithea Inc.
(Argentina)

Market Cap
~U$226m
~U$136m
Private Entity

Stage
DFS or Bankable Feasibility Study
DFS or Bankable Feasibility Study
DFS or Bankable Feasibility Study

DFS Author
Worley, GEA & Stantec
Worley, GEA & Stantec
UNKOWN

NPV (after tax)
$2.8b
U$1.4b
$1.22 billion

IRR(Internal Rate of Return)
31%
39%
30.25%

Sold for(comparison)

AU$1.22b

Upside(comparison)
AU$2.6b*
Share price = $3.70*X6 return
AU$1.6b*
Share price = $2.04*
X4 return
SOLD

LPI vs Enirgi Group

Lithium Power Int.
Stage 1 & 2
Lithium Power Int.
Stage 1
excl Stage 2
Enirgi Group - Salar del Rincon (NOT AGY)
(Argentina)

Market Cap
~U$226m
~U$156m
Private Entity

Stage
DFS or Bankable Feasibility Study
DFS or Bankable Feasibility Study
DFS or Bankable Feasibility Study

DFS Author
Worley, GEA & Stantec
Worley, GEA & Stantec
UNKOWN

NPV (after tax)
$2.8b
U$1.4b
$1.36 billion

IRR(Internal Rate of Return)
31%
39%
30.80%

Sold for(comparison)

AU$1.2b

Upside(comparison)
AU$2.6b*
Share price = $3.70*X6 return
AU$1.6b*
Share price = $2.04*
X4 return
SOLD
Expand
I dont mind if its higher i bought back in last week (tax loss selling), my expectations if its higher great. I dont have faith in management nor do i think they have the competence to take this into production so i am holding for a sale outcome and well reasses if that changes

LPI Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held

2 Upvote

0 Great analysis

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