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ESS essential metals limited

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50.0¢

Hi qwert0, yes i agree that estimate is super conservative, I...

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Joe1974

65 Posts.

68

19/01/23

12:35

Post #: 65772124
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Originally posted by qwert0: ↑

It's hard to say because it all comes down to their assumptions with respect to the lithium price they can achieve.

I'm guessing that rather than provide a single figure, they'll give a range of estimates based on varying sale prices. Hopefully they'll also give estimates for different scenarios such as partial DSO sales, etc.

They're going to be conservative but I'd say that $800m would be on the low side. IMO that would be a worst case scenario.

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Hi qwert0, yes i agree that estimate is super conservative, I used my conservative price deck.

I have just updated my calc with Macquarie Bank's Lithium price forecasts released on 22 Nov 2022 and I calculate an NPV of A$1.6b.

That’s better!

I'm looking forward to a massive bidding war and +$1 per share.

ESS Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Hi qwert0, yes i agree that estimate is super conservative, I...

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