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2.67% 7.7¢ anson resources limited

Ann: Major Mineral Resource Upgrade at Paradox Lithium Project, page-59

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  1. mpr505
    1,323 Posts.
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    16/10/23
    16:07
    Post #: 70370516
    So if there's 1.5Mt LCE estimated, and stage 2 of the mine will lift production to 30,000 tpa, that gives the mine a lifespan of 50 years.

    Current USD of LCE is i think $24k?
    $24k x 30,000 = USD $720,000,000
    x 50 years = USD $36B (LCE only)
    ÷ 1.3 B SOI (rounded up)
    = $27.69 per share (USD)

    Minus a bit for operating costs (but not much beacuse it's a very green project), is it fair to say Paradox is worth say USD $25 per share? Admittedly my mathematics is very basic.
    ASN Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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