I would have thought $100m for a project that has all approvals in place, an MOU for offtakes and a 20% partner that can provide further debt facilities, as well as a $2.2bln NPV would be significantly undervalued even in these early stages. Yes there will be a CR, but even with that I would have thought a market cap of $300m after SML would be reasonable considering the project upside. Assuming dilution from a CR share price should be in the $1-1.5 range. Then another 2 yrs till mine production, where we can hopefully see full valuation of ~2bln or $5-7 per share IMHO.
I would have thought $100m for a project that has all approvals...
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.003(1.20%) |
Mkt cap ! $55.95M | |||
| Open | High | Low | Value | Volume |
| 20.8¢ | 21.0¢ | 20.5¢ | $15.24K | 72.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 91 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 151525 | 2 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| PEK (ASX) Chart |