Hi there, new to shares so please help!
Just looking at the figures, doesn't seem to add up for me?
Max capacity - 330,000 DMT p/a
Current Costs to manufacture US$350 DMT
Current Price of Spodumene to sell US$500 DMT
Net Profit US$150 DMT.
So if they were to ship out their maximum capacity, they could make US$49.5M ($150 x $330k) per year. or say A$71M per year.
They say it has a 40 year lifespan. So that means the expected cash flow is A$2.84BN
The company is currently worth A$3BN(@97c) without making any profits.
Am I missing anything?? Numbers just don't stack up. a $3BN company making $71M per year gives a return of 2.4% - thats when its in full production.
Seems way overpriced?
Spodumene Prices, page-269
-
- There are more pages in this discussion • 4,599 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
$2.82 |
Change
-0.030(1.05%) |
Mkt cap ! $8.491B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.92 | $2.81 | $38.41M | 13.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 78974 | $2.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 14578 | 5 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |