Ersetze im Post von “Bayhunter“ die Adresse @cloudsinthesky mit @Klimawandel — Du darfst LPD imho durchaus weiterhin ernst nehmen und trotzdem den Humor behalten! -))
@cloudsinthesky I can see some dark clouds so i thought I'd try to shine some light for you. We have both been following LPD for a long time now.
The LPD development timeline is now in the hands of financiers and marching to their time frame. We have sufficient funds to get us through to July 2023 and finance may be announced any day, as we all appreciate, we were expecting finance approval way before now hence the resultant low SP.
We all know the great ESG credentials and economic credentials of LPD's industry disruptive technology. Lithium and Caesium are critical minerals and LPD have unlocked an environmentally and economically efficient way of extracting them from relatively uncontested Lepidolite.
As I posted a few days ago, to see what a fair SP would be for LPD once derisked we need firstly to come up with what is a fair price for LOH.
In the recent economic update by LPD we are told they used a lowside of $16,800 $/t and a highside of $32,350 /t for LOH.
Current spot prices are around $80,000 per tonne, so in other words it is a wild guess based on supply and demand.
Morningstar are predicting an average price over 2023 of $70,000 /t
Morningstar also say the current cost of producing LOH is about $12,000 /t
As per the update on the 22nd Nov the phase-1 plant has a NPV of AUD 1,050m which is regarded as fair value once derisked at a LOH price of $32,350 /t for one phase 1 plant producing only 5,600 t of LOH, obviously vary this value based on your guesstimate of the LOH price over the next 5-10 years (currently $80,000 per tonne)
Phase-2 is proposed to be a plant approx 3 times the size with even better economics.
Presently LPD should have in excess of AUD22m in the bank(after the recent $19m raise) and a market cap of only AUD122m, there are many parties waiting for Joe to announce finance and then this will rerate Big Time. The market is valuing the enterprise at less than $100m and that is after the 23% jump is SP last Friday Lol.
The 23% jump in shareprice on the last trading day of the year, with higher than average daily volume, and in a quiet market is a bit of a flashing light for me. Maybe our awaited news is around the corner????
You and I have been following LPD for many years and we know, when she goes up she generally goes up quickly and from this massively oversold position expect no different when any of the expected announcements land.
@cloudsinthesky , I hope your clouds are now a bit lighter and fluffier and lifted with just enough patience to get us through this quarter which should realise some of the much anticipated announcements.
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