Australia's largest stock trading and investment forum Australia's #1 stock forum

CXO

Click for more information

8.86%

8.6¢ core lithium ltd

hi @Figaro,If the sales price increases from $743 to $1000 it...

First 98 Last

Share
Profile

Follow
tacair

247 Posts.

1228

05/08/21

09:15

Post #: 55044342
Share

Originally posted by Figaro: ↑

Tacair, love your posts, but here's a possible small correction.

If the sale prices is $1000 vs. $743 that's a 34% increase in revenue, as you say. But assuming a constant cost of $364 (per DFS), gross margin increases from $379 to $636, or 68%. EBITDA is based on margin, not revenue, so if EBITDA is 68% higher then the SP at 20x EBITDA would be $1.95 per share.

Somebody please check my figures coz now even I am getting excited.

By the way, did anyone notice that the PLS BMX auction which obtained a spot price of $1250/dmt was for only 5.5% spod? We are projecting 5.8%, so that's another premium on top. Hehe.

Figaro

Expand

hi @Figaro,

If the sales price increases from $743 to $1000 it represents a 34% increase in margin because I used the LoM EBITDA from CXO's DFS calculations (assuming their numbers would be more accurate than any of ours) - this already factors in all costs (except ITDA) so any increase in sales price goes directly to profit.

Either way, the main point here for me is that our SP has so much potential!

GLTA

CXO Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

There are more pages in this discussion • 1 more message in this thread...

First 98 Last

Add CXO (ASX) to my watchlist

(20min delay)
Last 8.6¢		Change 0.007(8.86%)		Mkt cap ! $183.7M

Open	High	Low	Value	Volume
8.0¢	8.6¢	7.9¢	$2.766M	33.86M

Buyers (Bids)

No.	Vol.	Price($)
1	10000	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	1102272	8

View Market Depth

No.	Vol.	Price($)
1	10000	0.085
1	25000	0.084
22	314133	0.083
5	371085	0.082
22	1244827	0.081

Price($)	Vol.	No.
0.086	1102272	8
0.087	805150	9
0.088	1014387	11
0.089	356300	3
0.090	1433442	24

Last trade - 16.10pm 25/06/2024 (20 minute delay)

CXO (ASX) Chart