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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4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $98.63M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.5¢ | $630 | 14K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 329968 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.7¢ | 215676 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 257 | 0.046 |
3 | 293706 | 0.045 |
1 | 325000 | 0.044 |
3 | 1049540 | 0.043 |
6 | 1258738 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 14000 | 1 |
0.047 | 215676 | 2 |
0.048 | 245384 | 2 |
0.049 | 801200 | 3 |
0.050 | 145894 | 2 |
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