ASN Chart, page-9711

my BVPS from 2 x EVs based on original DFS was $1.82 I think the GR DFS will be far better so with out calculating $2 plus could be fair value on a BVPS basis - how much EV multiples you want to add based on sentiment well how long is a piece of string ? What I will say is not that long ago RIO bought a project with 5 million Mt LCE for $825 million USD they have added $206million USD in capex to that figure for a total of $1.031 Billion USD or $1.55 billion AUD to produce in the future 3000 Mtpa LCE so asn at a minimum of 4 times that production for 1 plant and in a superior jurisdiction , it could be argued has an EV of $6 billion AUD could be argued for 1 plant let alone 2 I don't believe this is the case I merely feel RIO just paid too much .
BUT
You can see what ASN are doing here they are breaking the mould the world will eventually see and then ASN a will have it's afterpay moment and someone will more than likely buy it .
Regards TT