I think that’s a bit harsh, three years from now stage 1 should be at nameplate or above and stage 2 funded/started. The lithium supply picture is one of demand overwhelming supply 3-5 years from now which could change the complexion of things greatly. Can you back up your numbers with some justification? As above we’re within touching distance of $70m to $100m annual EBITDA, possibly a couple of quarters to shore that up. Any reasonable PE puts us far north of where we currently are.
AJM Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
