I think $40k price is overly optimistic, but after the latest run up in lithium prices I wouldn't rule it out completely as a possibility.Asuming $4,000 USD cost per tonne, that would mean $1.8 billion USD EBITDA.
Calculating with a Price/EBITDA ratio of 10, that would value Kachi at $18 billion, of which 75% could belong to LKE. Assuming 1.5 billion shares on issue and 1.36 USDAUD rate, that would be a SP of $12.24 AUD from Kachi alone.To be honest, I don't think that lithium prices will be that high in 2025, but I do expect serious value added to LKE SP from its other projects when they will get assessed. I also expect that there will be an expansion study for Kachi above 50ktpa.Time will tell.
2021 and beyond, page-6086
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4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $68.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $227.7K | 5.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1119901 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 30000 | 2 |
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| LKE (ASX) Chart |