Ubique13, your Comparison Table provides a guide as to the value of our Lithium resource. Maybe deserves a new thread to discuss value?
I see AVZ and LTR were trading at 45% of NPV10(Attrib). The NPV is from the DFS. Our DFS was validated by by CHICO so has a higher level of reliability than the others.
If we use 45% of of our DFS NPV10 (attrib) as a starting point we get a value of our Lithium at around $A677 mill.
Again our DFS has been validated by CHICO and the market has determined the 45% as a % of NPV for a value estimate by reference to AVZ ans LTR.
The BOD would not sell the resource for a lot less than the value the market gives to our peers. Holders would not allow this anyway.
So i think a JV or spin off is likely.
- Forums
- ASX - By Stock
- FFX
- Ann: December 2020 Quarter Gold Production
Ann: December 2020 Quarter Gold Production, page-58
-
- There are more pages in this discussion • 125 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)