WR1 2.80% 55.0¢ winsome resources limited

WR1 Leapfroggers, page-49

  1. 1,373 Posts.
    lightbulb Created with Sketch. 2057
    If we use Tianqi's (rejected) ESS offer as a metric, and assume Adina is currently 40mt @ 1.1%, then the value for Adina would be ~420m aud.

    • ESS Pioneer Dome = 11.2mt @ 1.16% = 129,920 t contained Li2O
    • Tianqi offer = 136m aud = 955 aud per t contained Li2O
    • 40mt @ 1.1% = 440,000 t contained Li2O
    • 440,000 t at 955 aud/t = 420.3m aud = about 2.20 per share
    • 50mt = ~2.75 per share
    • 60mt = ~3.30 per share
    • 70mt = ~3.85 per share
    • 80mt = ~4.40 per share
    Last edited by dtab: 15/05/23
 
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