LKE towards TOP-5, page-6405

SQM has released it's Q1 results with a price of USD $38k per tonne. That's very interesting and if we assume similar price for LKE with Hanwa and FORD, our DFS would look fabulous. I have recut my model based on $38k LCE price with a PE ratio of 27 which is much lower than current SQM, ALB & LIVENT. Increased Capex by 10% due to inflation and also accounted 25% Lilac partnership.

2024 SP: $9
2026 SP: $20 (ie, when we produce full 50,000 tonnes)
2028 SP: $29 (ie, when we produce full 80,000 tonnes)
2030 SP: $33 (ie, when we produce full 100,000 tonnes)

Net Income after tax in 2025 $1.2B grows to $3B by 2030. What does this mean to us long term shareholders? LUCRATIVE DIVIDENDS