Like I said, you'd need an NPAT figure to even start but dividing NPV by LOM to get there should be a crime punishable by death. If someone does that, the rest of their analysis loses all credibility. Was interested in the workings but didn't need to look any further after that.
$3.4bil market cap for a lith developer 3 years off earning a cent seems pretty reasonable to me. Are people really expecting $10bil before they even sell any product?
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