My numbers aren’t wrong, yours are. Your $54m EV for LPI has not taken into account the value of the Argentinian asset ($2.75m) and the WA exploration assets ($12m). Including those and adjusting the A$ to CAD$ the EV of LPI falls to CAD$36.8m for a 51% stake in MSB. Implied MSB value is $73m
Adjusting BRZ for the limited remaining cash and equity it will receive and the resultant EV for MSB is a 30% premium to LPI at $95m.
- Forums
- ASX - By Stock
- LPI
- BRZ currently cheapest entry into MSB JV
BRZ currently cheapest entry into MSB JV, page-29
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online