Some calcs for ideas…
$2.50 future value in 18 months (production assumption) assuming a 6% interest rate (change by all means) is worth around $2.70-$2.80 depending on method of calculation.
So then assuming a P/E ratio of say 8, that suggests earnings of about $0.30.
Now with 2.2B SOI, that’s company earnings of about $660M (AUD). Assume exchange rate circa 0.78, that’s about $514M (USD) and that’s assumed annual earnings.
So, ignoring taxes, royalties, costs etc (assume they are all nil values - yep, I know) … let’s see what volume of spod that equates to … let’s assume spod price of say $4,000, that’s annual volume of 128,000T. At $3,000 it’s 170,000T.
Anyone want to hazard a guess how realistic it is that an annualised production rate for LTR is anywhere near that small a volume of spod sales? Yeah I know there’s a bunch of assumptions and rough guts calcs in this … but hey, this thread is for just throwing out some numbers with no justification isn’t it … or are there ways to justify why the suggested $2.50 is ridiculous… or even $3.00 …
I say ALB will need to bring up the offer price a fair bit before my calculator starts to get interested.
Shorters will need to find parachutes I think.
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Some calcs for ideas… $2.50 future value in 18 months...
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Last
$1.04 |
Change
-0.045(4.15%) |
Mkt cap ! $2.521B |
Open | High | Low | Value | Volume |
$1.07 | $1.08 | $1.04 | $10.81M | 10.31M |
Buyers (Bids)
No. | Vol. | Price($) |
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33 | 339507 | $1.04 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.05 | 120794 | 2 |
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No. | Vol. | Price($) |
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22 | 128367 | 1.040 |
13 | 83936 | 1.035 |
23 | 105431 | 1.030 |
9 | 62735 | 1.025 |
13 | 81212 | 1.020 |
Price($) | Vol. | No. |
---|---|---|
1.050 | 20000 | 1 |
1.055 | 165482 | 1 |
1.070 | 63229 | 4 |
1.080 | 4347 | 2 |
1.085 | 7045 | 3 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.05 |
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Change
-0.045 ( 4.12 %) |
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Open | High | Low | Volume | ||
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Last updated 16.00pm 14/06/2024 ? |
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