ASX Today, page-12639

We both got LTR right and early!

Just for a moment, think about 32.4 bil free cash flow for the DSS once we get to 4mtpa in 2029.

A lot of the funding will be provided from our spod sales but lets just say another 500mil dilution along the way, so 2.5 bil SOI. Assume 0.8 payout ratio beyond 2030.

Earnings per share 32.4/2.5/23 x 0.8 = 48cps
PE ratio 15 = > $7/share.
Abermarle currently trades on a PE of currently, so you can plug in your own number and get what you like.

TG quote "We know what we are doing!"

And all this is just for KV!

"We have the same geology team who are currently out there on the ground looking for more opportunities"

"We want to be another Fortescue"

I made the decision yesterday to renovate my home office, motorised stand up desk, the lot. I will keep working on a part-time basis at least until 2030 just so I don't have to sell any shares until I can see the full potential this great company offers, hopefully living off the divis by then.

G