At a $1.4b marketcap for WA1 and $500m ebitda projections long-term I guess with a conservative x10 multiple that would be a $5b marketcap assuming it gets to that ebitda in a few years time. How long 5 years?
So upside about x3 or x4 in marketcap ($1.4b to $5b) and less for shareprice upside potential if you consider a bit of dilution to raise capex for a plant but maybe if WA1 has a great deposit a chunk can be raised of the capex via loan(s) and offtakes underpinning the loans..
Anyway amazing run by WA1 15c to $23 about x150 but from here you can't compare to the likes of SUM from a low marketcap for potential upside if drilling proves up a decent discovery. The risk adverse won't even enter SUM unless it can prove up.a discovery and then big money would come as happened on WA1 for instance..
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At a $1.4b marketcap for WA1 and $500m ebitda projections...
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27.0¢ |
Change
0.020(8.00%) |
Mkt cap ! $22.16M |
Open | High | Low | Value | Volume |
26.0¢ | 28.0¢ | 26.0¢ | $759.2K | 2.834M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 39788 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.265 |
4 | 192032 | 0.260 |
1 | 64440 | 0.255 |
4 | 79720 | 0.250 |
3 | 103001 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 39788 | 3 |
0.275 | 21000 | 2 |
0.280 | 44619 | 3 |
0.285 | 67157 | 6 |
0.290 | 45281 | 3 |
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