Today LITM already 6% higher so value rises to 114M AUD.
Estelle + TNR (3.5M AUD) + ROTORX now valued at 12M AUD.
Subtract TNR current value (expect higher value but ok) leaves 8.5M AUD for Estelle.That is less than 1 AUD/oz....
From earlier research I shared we know that we should at MINIMUM be valued atEstelle6.6 M * 26,72 AUD = 176 M
PLUS
3M * 40,08 AUD = 120M
PLUS
Snow Lake Resources = 114M
TOTAL MC = 410 M, or 2.28 AUD / share
I know this is just a paper exercise (and not financial advice in any way) and SPs can fluctuate (also for LITM) but the discrepancy is bizar.
Once you start to apply more realistic resource in the ground values of maybe 75 - 120 USD/oz, you are talking about a potential MC of 5-7 times higher (SP of 11 - 16 AUD /share).
And this is without taking into account any increase in Oz in Estelle this year.
General Chat, page-4494
-
- There are more pages in this discussion • 3,252 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.08M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 22.0¢ | 20.5¢ | $4.46K | 21.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 2551 | 1 |
View Market Depth
| Last trade - 13.59pm 15/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |