LKE 6.98% 4.0¢ lake resources n.l.

Di Brookman - Corporate Connect Research: "Valuation upside – We...

  1. 38 Posts.
    lightbulb Created with Sketch. 9
    Di Brookman - Corporate Connect Research:

    "Valuation upside – We reduce LKE’s Kachi equity to 75%. With no upfront payments, we estimate LKE’s value dilution to be equal to the value Lilac & the ECA add back from an off-takers perspective. To achieve this we lift Phase-1 risking from 0.6x to 0.75x NPV8 and Phase-2 from 0.15x to 0.25xNPV8. Using a nominal NPV8, our 12-month value is $1.40/share. Discounting this value by 25% yields a 12-month target price of $1.05/share" Full report on www.corporateconnect.com.au

    https://hotcopper.com.au/data/attachments/3615/3615504-6c1354f0593b81528f7092bd2396e879.jpg

 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
4.0¢
Change
-0.003(6.98%)
Mkt cap ! $66.52M
Open High Low Value Volume
4.2¢ 4.3¢ 3.9¢ $753.4K 18.59M

Buyers (Bids)

No. Vol. Price($)
4 731925 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 760271 12
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.