So if there's 1.5Mt LCE estimated, and stage 2 of the mine will lift production to 30,000 tpa, that gives the mine a lifespan of 50 years.
Current USD of LCE is i think $24k?
$24k x 30,000 = USD $720,000,000
x 50 years = USD $36B (LCE only)
÷ 1.3 B SOI (rounded up)
= $27.69 per share (USD)
Minus a bit for operating costs (but not much beacuse it's a very green project), is it fair to say Paradox is worth say USD $25 per share? Admittedly my mathematics is very basic.
So if there's 1.5Mt LCE estimated, and stage 2 of the mine...
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