Since Resolute cannot (and apparently will not - god knows why) provide any quantitative rationale for his very specific position. Here is some modelling of the top of my head:
5 Mtpa = 800,000 Tpa (Slightly Conservative)
800,000 x $800 = $640Mil/Year (Conservative)
640 x 20 PE (Conservative) = 12.8Bil
12.8Bil MC / 3Bil SOI = $4.26
And that's just SC6. See how easy that was?
It's not clear to me he even knows what SC6, I can only assume that the extent of his research is "Lithium make electric car go". I encourage all to look back through his posts, this is the extent of his rationale.
* PLS - $2.83 - by 31 Dec 21. Updated *, page-1117
-
- There are more pages in this discussion • 484 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 PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |