it was interesting/confusing that the BSE price rallied on Friday
I'm very confused about target value.
But here are my overall thoughts:
The Toliara part of the deal is NPV valued at $2Bn USD;
The original EFR value was $1Bn USD;
The downstream value of the REE production from EFR is comparable size to Lynas, which is capped at ~$4Bn USD;
That's a total of $7Bn USD on a sum of the parts valuation while the post merger entity will be capped at $1Bn; there's a further 6 or 7 times upside at these prices.
it was interesting/confusing that the BSE price rallied on...
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $259.1M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.8¢ | $1.267M | 5.701M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24544 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1071330 | 5 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| BSE (ASX) Chart |