Below is my updated calculations based on my assumptions. (some might agree and others might not, and that is ok). Hope you find it useful.
I'm interested in clarifying the difference in market cap calculations based on SOO. Why is there a difference?
Also, if anyone can shed some light into what tax rate is paid in Argentina and how are corporate tax and tax credits treated there?
AGY valuation2022 2024 Current Price Assumptions Lithium price per Tonne $62,300 Check current price of Lithium Carbonate 99.5% in CNY (convert to US$) at C4 2022 $45,000 Lithium Carbonate 99.5% price in CNY 2024 $45,000 Assumption ignores Tonopah project, and only considers the existing 2,000KT plant and the proposed expansion to 12,000KT plant. Assumption also ignores the funding costs to build the 12,000KT plant.Production cost per Tonne C8 for 2,000KT $10,000 for 12,000KT $10,000 The 12,000KT plant permitting approval is expected in late 2022, with construction expected to begin in early 2023 C11 PE Ratio (Range 10-20) 10 Current Share Price $0.37 Potential for increased JORC (Joint Ore Reserves Committee) - indicated resource of 245,120t Li2CO3 at vertical depth of 102.5m. Additional exploration target of 262,000 to 479,000t contained Li2CO3 within depth interval of 102-300m below ground level. Combined JORC estimates outline potential for 507,000 to 724,000t to a depth of 300m. Brine acquifer still open at depth with potential for further drilling, expansion and project life.C13 Shares on offer SOO 1,266,271,704 Current Market Cap $468,520,530 C15 Puna Share 22.5% 10% C16 Argentina Tax 25% C17 $US/$AUD $0.70 $0.69 2000Kt plant is 94% complete, fully funded, on schedule. First production late 2022July 2022 July 2024 Sentinel Satellite Image of Rincon Project C21 Output Tonnes pa 2,000 12,000 C21 x C4 Gross Revenue in $US $90,000,000 $540,000,000 Weaker Australian $ increases profit in AUD C21 x C8 Operating Costs in $US $20,000,000 $120,000,000 Profit in US$ $70,000,000 $420,000,000 Puna Share is 22.5% dropping to 10% upon completion of 12000KT expansion minus Puna Mining interest $15,750,000 $42,000,000 minus Tax Argentina (25%) $13,562,500 $94,500,000 Could not find accurate info on Argentian Tax and tax credit for the losses incurred during the first 5 years of operation.After Tax in $US $40,687,500 $283,500,000 After Tax in $AUD $58,125,000 $405,000,000 PE multiple $581,250,000 $4,050,000,000 divide Divide by SOO - Fair value per share $0.46 $3.20
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Last
4.1¢ |
Change
0.001(2.50%) |
Mkt cap ! $59.69M |
Open | High | Low | Value | Volume |
3.8¢ | 4.1¢ | 3.8¢ | $187.1K | 4.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 232615 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 723091 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 232615 | 0.039 |
8 | 1419021 | 0.038 |
17 | 2262404 | 0.037 |
29 | 3902870 | 0.036 |
27 | 2449706 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 723091 | 4 |
0.042 | 1818672 | 7 |
0.043 | 1762500 | 3 |
0.044 | 571335 | 5 |
0.045 | 597150 | 10 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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