if US$804 is the price of spodall you have to do is subtract...

if US$804 is the price of spod
all you have to do is subtract costs
x the production say 716,000
growth in production is estimated to be around 25% (660 k to 2000 k in 5 years) so make 25% your growth figure.
Multiple earnings x 25
if you think eps is A$0.10 then you get price is $2.50
if you increase the costs by 30%, which you could do
your eps goes to A$0.0225 and fair value would be $0.56
the thing is the spod price is NOT US$804
It is ........


It seems to have bottomed at US$804 in the march quarter of '24 and then gone back back up.
It now seems to be holding around the $1,000, we should the actual sales prince in the June quarter/half yearly/annual report, not sure which in 3 weeks
Many prominent analysts eg "mr Lithium" Joe Lowrey are looking at long term charts for spod think this is the bottom and where the price is likely to stay....