fair point but even a non-binding MOU forces value accreditation into the stock. The thing about phase 3 is the financials are massive
Financials
• $1.1B capex
• $1.1B revenue
• $474m EBITDA
• NPV 2.9B
So with a non-binding MOU even for an inclination of progress in funding or development, 2% value accreditation on phase 3 only equals the full market cap today
The share price imo is reflecting Phase 1 and 2 with discounted value.
If phase 3 produces anything, it adds 33% upside for each 1% value accreditation. I would give a non-binding MOU 10% value giving phase 3 a market cap valuation of 290m + 87m today = 377m or 4x from here.
big numbers but thats why we invest in pennies and i fully expect LMG to fire on value and ESG and IP licencee (Annual reoccuring revenue) possibilities
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $77.50M |
Open | High | Low | Value | Volume |
3.3¢ | 3.4¢ | 3.2¢ | $5.793K | 175.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17168 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 514478 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17168 | 0.033 |
10 | 2161027 | 0.032 |
11 | 1066638 | 0.031 |
9 | 1213166 | 0.030 |
4 | 802106 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 514478 | 3 |
0.035 | 209836 | 2 |
0.036 | 286679 | 5 |
0.037 | 6000 | 1 |
0.038 | 149036 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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