MP Materials back to over a $8B US market cap ($11B $A)
If this holds before the listing, then it will be very useful for benchmarking. Understand that they are around two years or a little less ahead of us now, but does that equate to roughly an 11 times difference in market cap now?
This will become a numbers game with 5EA (EBITDA by a multiple). Already our EBITDA per previous announcements is out of date. Factor the increased price of boron then multiple this by the increased marginson specialty products. To be quite honest, the numbers could be mind blowing.
5EA Brothers and sisters, things are going to get very exciting in abouts a weeks time imo
MP Materials back to over a $8B US market cap ($11B $A) If this...
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