Peer to peer offtakes already show BAT trading at 70mc / 20= 3.5 x EBITDA
Our ebitda is to be more than double , quadruple with Nicanda west - we should be 20-40c on off take just on that peer basis .
Puts options in the money by plenty .
Yet what a NH JV could do.?!
Management need to think about the buying power of our script after its rise to peers with offtake / finance .
357m shares at 20c = 70m acquasition
357m shares at 30c = 100m acq
What don't they understand?
I may sound like a broken record but that is the reason why this lithium deal should be summarily rejected .
And I know they read HC.
We could buy a couple of advanced lithium assets companies with that script exchange. LKE + ASN for 357m TON shares at 30c
You can say no matter what independent fair value at 30m DOES not equal LKE + ASN .
Peer to peer offtakes already show BAT trading at 70mc / 20= 3.5...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.11M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.129K | 125.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2641773 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 413500 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TON (ASX) Chart |