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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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $20.51M |
Open | High | Low | Value | Volume |
23.5¢ | 25.5¢ | 23.0¢ | $134.7K | 559.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 21374 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 0.245 |
5 | 284300 | 0.240 |
2 | 244765 | 0.235 |
1 | 50000 | 0.230 |
3 | 47300 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 21374 | 2 |
0.255 | 3800 | 1 |
0.260 | 99698 | 5 |
0.265 | 27878 | 3 |
0.270 | 70000 | 2 |
Last trade - 15.54pm 11/09/2024 (20 minute delay) ? |
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