I was looking at a post on PLS. Sales 560,000dmt Spodumene price US$2500 EBITDAX $1.6B NPAT $1.05B Net surplus cash $1B PE 9.7 And then we will ramp up to 1,000,000 dmt pa
Then i thought of the LLL figures 506,000 dmt/pa Spod Price $2500 usd less $365 Asic = $1.08 bill usd ($1.5 bill Aud) In 2 years time it could be even better. The earnings from LLL are simply phenomenal and multiples of our initial Market Cap. As rick rule says he invests in projects where the question is only when....not if. LLL is only a question of when?
FFX Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held