Your numbers look pretty much similar to what I have. Some thoughts:
- Stage 2 should be up and running in Q3 CY20 (13 - 16 months)
- At that point the POSCO plant is due to produce early 2021 (a further 6 months)
- At a conservative 10x PE, you have potentially ~100% upside in just over a year, and with the JV ~200% or more within ~18 months
- There is precedent for PE to be in the 15-20x range depending on numerous factors such as general Li sentiment, Li price, the downstream profitability etc etc.
In the world of multibaggers 100% increase per year might not seem very sexy, but I for one would be happy to double the value of my portfolio year on year so I will be here until at least 2021!
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Last
$3.06 |
Change
0.130(4.44%) |
Mkt cap ! $9.210B |
Open | High | Low | Value | Volume |
$2.99 | $3.08 | $2.97 | $97.95M | 32.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1001330 | $3.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.07 | 169324 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1001330 | 3.050 |
4 | 12209 | 3.040 |
10 | 20876 | 3.030 |
6 | 370831 | 3.020 |
5 | 169273 | 3.010 |
Price($) | Vol. | No. |
---|---|---|
3.070 | 160024 | 15 |
3.080 | 571966 | 37 |
3.090 | 458011 | 35 |
3.100 | 512128 | 54 |
3.110 | 80458 | 12 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
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