Gimmi, I've followed JPM's numbers for the past 3 yrs and they tend to be conservative.
They use DCF to arrive at $3313M LAMP + Mt Weld - ($351M Corproate + $241M debt) = $2721M or $1.39ps NPV.
Finally: "December 2013 price target of $1.00/share is based on a 25% discount to our net present value to consider risks around rare earths prices."
Personally I feel it should read "risks around rare earths demand/potential sales volumes".
lynas ready to explode upwards very soon, page-51
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Last
$7.02 |
Change
0.000(0.00%) |
Mkt cap ! $6.561B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $7.09 | $6.86 | $26.51M | 3.784M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5100 | $7.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.04 | 8902 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |