Yes, Mondy is carrying a way higher tax burden than reality due to not deducting interest expenses and not deducting depreciation, which I understand is quite favourable in Argentina (i.e. early accelerated depreciation will greatly reduce tax over the first 3-5 years). So he is significantly under representing free cash flow.
In any case its just academic and nonsensical to value a company on what is really a glorified pilot phase vs the actual development at scale (i.e. at least the 20ktpa which has a DFS behind it and permits submitted).
As a non Galan holder Mondy, why are you not spamming other Li companies that are ridiculously valued that you don't hold? I find it really weird that you are obsessed with Galan and trying to argue its fair value?
- Forums
- ASX - By Stock
- General Discussion Banter GLN
Yes, Mondy is carrying a way higher tax burden than reality due...
-
- There are more pages in this discussion • 959 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 GLN (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.20M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $151.9K | 1.448M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 163864 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.105 |
43 | 2900659 | 0.100 |
1 | 30303 | 0.099 |
1 | 400000 | 0.098 |
2 | 16214 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 163864 | 8 |
0.115 | 338306 | 8 |
0.120 | 591067 | 6 |
0.125 | 176785 | 7 |
0.130 | 383046 | 6 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |