EGR (ASX) Will KNL go to 48 cents or more?

EGR

Click for more information

1.19%

8.3¢ ecograf limited

First 92 Last

Share
Profile

Follow
ECB

11 Posts.

10/06/16

22:28

Post #: 18011379
Share

Originally posted by Intel24 ↑

I agree, could easily get up that high without a lot of bluesky thinking.

What I think is essential for a material increase in value (beyond the above) is that post Sojitz announcement, the company firms up its strategy and presents that to market in a way that is easily understood. What I mean by this is aggregating the various projects and selling that story as their strategy going forward.

Currently we have:

- BFS with NPV $197m (pre tax, royalty)
- Spherical plant NPV $117 and
- expanded production to 150ktpa to service battery needs
- various mining licenses/ tenements

The various points all hinge off each other, but the linkages between them have not been clearly explained (in my opinion). I would want the company to add them all together, and deliver a clear strategy to the market and investors. If it is simple to understand, it will attract a lot more buyers, which includes instos, whose assessments often aren't as sophisticated as people make them out to be.

The company needs to move away from the 40ktpa story once they have that supply locked in and market themselves as a 150ktpa operation.

The economies of scale and the low capex to ramp up to 150ktpa needs to be better understood by investors, and once that happens it'll shoot a lot higher than $200m based on what is happening with our peers.

My view anyway.

Expand

KNL Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

JBY

James Bay latest lithium player to pivot to other metals amidst lithium slump

CRI

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NSM

North Stawell Minerals set to raise $1.3M in capital raising for exploration in Victoria

BM8

Battery Age Minerals gets set to capitalise on critical mineral demand

There are more pages in this discussion • 78 more messages in this thread...

First 92 Last

Add EGR (ASX) to my watchlist

(20min delay)
Last 8.3¢		Change -0.001(1.19%)		Mkt cap ! $38.13M

Open	High	Low	Value	Volume
8.4¢	8.4¢	8.3¢	$11.79K	141.9K

Buyers (Bids)

No.	Vol.	Price($)
2	40011	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.4¢	60587	1

View Market Depth

No.	Vol.	Price($)
2	40011	0.083
1	9036	0.082
3	53499	0.081
1	22313	0.080
1	64650	0.077

Price($)	Vol.	No.
0.084	60587	1
0.087	154528	1
0.088	25752	1
0.089	29122	2
0.090	82642	3

Last trade - 12.14pm 17/10/2024 (20 minute delay)

EGR (ASX) Chart

James Bay latest lithium player to pivot to other metals amidst lithium slump

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

North Stawell Minerals set to raise $1.3M in capital raising for exploration in Victoria

Battery Age Minerals gets set to capitalise on critical mineral demand

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Top Stories

James Bay latest lithium player to pivot to other metals amidst lithium slump

Critica unveils fresh REE hits near Jupiter play in WA – and 5 new prospects

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

North Stawell Minerals set to raise $1.3M in capital raising for exploration in Victoria

Battery Age Minerals gets set to capitalise on critical mineral demand

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News