Exciting ...
... especially the part about the profit estimate.
In his opinion, 300 million USD EBIDTA can be expected in the next few years!
This is also roughly in line with my estimate if production can be scaled to over 2000 tons per year.
End of 2026 would be an approximate time frame for this.
---
He then compares the valuation of IPX with the current valuation of Howmet Aerospace.
As a titanium producer, Howmet is currently valued at 19 times the EBIDTA from 2023 (USD 1.5 billion).
https://finance.yahoo.com/quote/HWM
The simple calculation for IPX would then be 19 x 300 = USD 5.7 billion
So approx. 17 times more than the current market capitalization of USD 335 million
---
Taso has named IPX's long-term target as 10,000 tons.
Even if we significantly reduce the P/E factor, a double-digit billion valuation is not utopian in the long term.
Regards miningfox
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6 | 8633 | 2.720 |
4 | 2178 | 2.710 |
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3 | 63433 | 2.690 |
Price($) | Vol. | No. |
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