I didn't want to make this post in the chart thread but in...

I didn't want to make this post in the chart thread but in response to https://hotcopper.com.au/posts/57405206/single.

For my own entertainment and curiosity. Here is what a valuation may look like with production of 500k tonnes per annum and a sale price of 40k USD.

I am not too sure how quickly TLG can scale to 500k tpa. But the recent macro developments (COP26, IPCC report, Swedish political support) seem promising for further expansion. As well as the company prioritising further development for Jalkunen and Nunasvaara East. In my mind, I can see 200-300k tonnes per annum by 2030. But then again, things just seem to be moving so quickly. As an example, I thought it would have taken a lot longer for there to be such bi-partisan support in Sweden for green mining projects.

I can definitely see the measly sale price of 12k USD going up. Especially since there is a premium on a greener product (Mark Thompson, Share Cafe presentation).