Ann: LCK exploring AdBlue opportunities from LCUP urea, page-140

Stock price predictions are all pretty much fantasy. Company valuations a little less so but who bets the farm on what the future cash flows and earnings are going to be for commodities. I'm looking for what the margin of safety might be ... which can rapidly change if capital is raised "poorly".

BTW that modeled price was through FY'27 (not FY'23) so my bad . To restate
FY'27valuation of between $0.8895 +/- $0.1195
discount back to FY'22 at Ke=13.69% is $0.4241 +/-$0.0572
and if Ke=20.1% it is $0.2889 +/- $0.0388

That probably suits punters calling for $0.29 share price. My concern wrt to share price is more to do with balance sheet structure and the CV of the asset(s) post FY'27 ... time is money and commodity prices are difficult to predict (unless offtakes are in place tied to some floor/ceiling and relative benchmark).

See what tomorrow brings