Just on a different note here, previously on this thread someone has posted AKE's resource which seems bit off, so I tried to dig out latest numbers to get a sense of Market Cap per tonne of LCE resource.
The market cap is now around $10.4B. i.e $315 AUD per LCE. EV is $9.77B i.e EV/Resources multiple $296 per t/LCE
The company is in different geographic location and on advance production stage using evaporation pond technique.
Allkem (AKE) owns total 6 projects.
[1] Olaroz 20.7Mt LCE - Location: Argentina [2] Cauchari 6.3 Mt LCE - Location: Argentina (Olaroz-Cauchari basin are now 27 Mt LCE) [3] Sal de vida 6.85 Mt LCE - Location: Argentina --------------------------------------------------------------------------------- TOTAL 33.85 Mt LCE ---------------------------------------------------------------------------------
Other projects [1] Mt Cattlin (Production capacity 194ktpa) [2] Naraha (production capacity 10ktpa) [3] James Bay (unknown)
Please note: - AKE is in the advence stage and using evaporation pond technique. - It's in different geographic location and - Projects in Argentina currently witnessed some surge in the production cost.
