LYC 0.33% $6.06 lynas rare earths limited

Awhile back an astute poster put up a SP valuation model based...

  1. 25 Posts.

    Awhile back an astute poster put up a SP valuation model based on certain assumptions which I have updated only to validate the criteria used:

    Assumptions:
    1,750,000,000 shares on issue ( includes all current options)

    Costs $9 per tonne ( conservative as LYC argues $7 )

    Basket price $108/kg ( then apply a 5% reduction in basket price that applies for early customers who sign up to long term contracts )

    PE 10:1 ( the basis for this multiple is the likely 10 year supply contract for the Sojitz deal in the LYC announcement dated 24th Nov10 effectively guaranteeing earning for this period )

    $10m HQ costs pa

    Valuation scenarios:

    11,000 tonnes mined earnings 59.5 cents per share. PE 10:1 share price $5.95 ( ...might have to start the splinter $5.95 club club!! )

    22,000 tonnes mined earnings $1.195 cents per share PE 10:1 share price $11.95

 
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Last
$6.06
Change
0.020(0.33%)
Mkt cap ! $5.664B
Open High Low Value Volume
$6.03 $6.08 $5.97 $17.39M 2.875M

Buyers (Bids)

No. Vol. Price($)
1 36085 $6.06
 

Sellers (Offers)

Price($) Vol. No.
$6.07 17440 5
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
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