Lithium investors need look no further..., page-2

4.04.

With the POSCO sale due to complete sometime in Q3 2018 Galaxy Resources should receive a significant re-rating given the fact the sale proceeds of US$280m (plus ~US$200m retained Mt Cattlin earnings) will be enough to allow Galaxy to self fund Sal De Vida (CapEx US$474million). Looking ahead once Sal De Vida is up and running it is projected to earn an EBITDA of US$270 million for a project life of 40 years (40 years x 25,000tpa). Finally James Bay could be brought on quite easily using existing retained earnings say by mid 2020’s as global lithium demand requires. Once all three projects are running Galaxy Resources could be looking at combined EBITDA of ~US$500m pa (100m + 280m + 120m). Applying a 10x multiple to this would suggest Galaxy is headed towards an Enterprise Value of ~US$5b by the mid 2020’s, which would be 5.8x higher than now.

https://investorintel.com/sectors/t...l/galaxy-resources-is-reaching-for-the-stars/

This is my favourite paragraph in the article, suggesting a valuation for Galaxy, by the mid 2020’s.

Something along the lines of valuations that forum members have posted here over time.

A big something for shareholders to remember, whenever fear and doubt thoughts start to creep in.

We’ll see what share price levels the market can fetch for Galaxy over time, and hopefully, it can surpass the lowly expectations of some of the brokers/analysts in the short term, in relation to their low target prices over a 12 month period.