Okay so I have some high level calculations from my readings on AGY and the broader LCE market that I have down on a back of an envelope that I would appreciate input on, assuming a fully fledged and operational brining operation reaching its full potential!
1200 Ha of land, 100 tpa of LCE per Ha would equally 120,000 tonnes of LCE pa
For round numbers sake lets say $US8000 per tonne profit for the LCE
Annual profit $960 million x 90% interest x a PE ratio of 12 = a market cap of $US 10 Billion
Just wanted to check in with those in know if this theoretically possible, obviously a lot of assumptions, and would be at 100% utilisation....
AGY Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
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