My excel spreadsheet says that AJM has a 155% upside to reach fair value.
Based on conservative assumptions, such as PE of 9, missing nameplate in stage 1 by 20%, a really low lithium price of only $600USD, and stage 2 not being completed until 2020, with a discount rate of 18% for stage 2, my excel says AJM's fair value is 36c.
This is a strong buy!
More bullish assumptions and this could be over $2.
My excel spreadsheet says that AJM has a 155% upside to reach...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $13.49K | 4.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 107 | 145760824 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 28123003 | 58 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.000 ( 16.7 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 3755502 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
| 1MC (ASX) Chart |