General Discussion AGY, page-8056

I'm interested in clarifying the difference in market cap calculations based on SOO. Why is there a difference?


Not quite sure what you are getting at ,the market cap is the number of shares on issue multiple by the shareprice on the day , if you are using fixed calculations the difference between 77.5 % of 2000tpa and 90% of 12,000tpa is an increase of 6.97 so your market cap would increase by that much.
However nothing is fixed when it comes to the shareprice, Lithium prices, costs, exchange rates to name but a few . That also includes SOO or SOI , it will increase with the conversion of options and almost certainly more equity coming from a strategic partner , shareholders or both.
As for any PE range to apply, there is no market norm for Lithium producers as an emerging growth sector, its something that will eventually get established.

I think the Argentinian tax rate is similar to Australia at 30% but how credits are treated I'm unsure but they do have them...

Cheers Whisky