General Discussion Topics, page-115257

repost:

Look at these upcoming milestones, why the fck would you sell?

I'm convinced, that it's instos playing games, weak retail holders panicked into selling and stop losses triggered.

If you know the company, and you know what's coming up, you'd know we're undervalued.

Our last 2 run ups into the high 30's, we hit the low teens.

• April - NAL updated DFS (US$2.2b)
• May - NAL lithium carbone plant TS (US$3.2b NPV).
• July - NAL spot market sale.
• July - First shipment.
• Aug - First cash receipts from spot market sale (~20,500t x US$3,400 = $69.7m).
• Aug - ~15,000t x US$900/t sale to PLL (~US$13.5m)
• Aug/Sep - Assays NAL/Moblan (estimated).
• Sep - ~15,000t x US$900/t sale to PLL (~US$13.5m)
• Oct - First quarterly with cashflow (September Quarterly).
• Oct - ~30,000t x US$3,400 = (US$102m)
• Nov - NAL carbonate plant PFS
• Nov - NAL drill results 36,000m (NAL)15,000m of drill results at Jourdan (estimated).
• Nov- Moblan 50,000m - 60,000m of drill results (estimated).
• Nov - Moblan resource upgrade
• Dec - ~27,000t x US$900/t sale to PLL (US$24.3m)
• Dec - Moblan DFS.
• could bank US$223m by end of year on top of $293m in bank right now (not accounting for operational costs) coming close to having US$400m cash.

On top of these juicy milestones, here are some deafening fundamentals.

1.NAL cheap hydroelectricity operation (ESG aligned).

2.$293m cash & no debt.

3.Largest hard rock lithium base in North America (ESG aligned)

4.Will be first downstream processor in North America 2026 (if LCE plant proceeds, which is very likely given plant is half built and onsite).

5.PLL offtake ~113,000 tonnes x US$900/dmt =US$101.7m.

6.Balance of ore ~113,000 x US$3,450/dmt(market rate as 28th July 23)= US$389.8m.

7.Total revenue = US$491.5m.

8.Total production cost = US$79.6m (less PLL's 25%)

9.Gross profit = US$308.9m (less PLL's 25%)

10.Northern Hub 51.4mt @1.31% (expected to increase in excess of 120mt).

11.Moblan DFS puts Moblan well ahead of peers in the region such as WR1 etc.

Realistically speaking, we could have $577.29m ($A865m) in the bank by end of next financial year.

Wonder how the market would react to that??

• Revenue 113ktpa x $900 = US$101.7m
• Revenue 113ktpa x $3,450 = US$389.8m
• Production cost = 226ktpa x $470 = US$79.6m (less PLL's 255)
• Gross Profit = US$308.9m (less PLL's 25%)
• Staff & admin cost = US$24.63m
• Current cash in bank = US$293m
• Estimated cash in bank 2024 June = US$577.29m (A$865m)

My target by FY2024 based on 10.2b SOI and current spot price of US$3,450 is$0.32 / $3.3b. That's just the cashflow for NAL and not accounting for Moblan which I believe will add at least another 20% by then$0.38 / $3.96b.

I don't care much for brett Lynch , so I have attributed no value to him.