GXY is a lithium producer.
Taw is a lithium producer.
GXY has A $1.2B MC
TAW has a $500M MC
FMG has a $13.5B MC
AJM has a $600m MC
FMG is a iron ore producer.
AJM has produced nothing.
GXY Mc is 2.5 times TAW
FMG MC is 22.5 times AJM
I don’t remember oftenTAW S/Hs saying TAW SP should be the same as GXY but I have seen targets been claimed based on calculations done from figures released by the company being extrapolated forward given good plant performance and expansions, is that what your referring too, Sounds fairly logical to me. I have not seen a $17B Mc assumption in next 18 months (Pokerface PLS) or a $13.5B Mc assumption (old mate above) anywhere on the TAW threads or even close to those ridiculous estimates at such an early stage.
AJM Price at posting:
32.5¢ Sentiment: None Disclosure: Not Held
