I have calculated again ! Based on the previous production volumes + what is still in the pipeline, at relatively moderate lithium prices (LCE 20,000 p/t - spodumene concentrate 3,000 p/t) and came to the following:
According to this very, very conservative calculation, Allkem would make a turnover from 2025 of 3.5 billion US$ - this would correspond to a gross EPS of 5.49 US$, with the current number of shares. This does not take into account the expansion of the facilities. Naraha remains at 10,000 tons per year. However, if prices remain as they are or continue to increase, the % would have to be increased accordingly. In total, a 30% higher price would result in a gross EPS of US$7.13. All in all, Allkem is a pure money printing machine.
AKE Price at posting:
$13.49 Sentiment: Hold Disclosure: Held