RE:RE:RE:RE:CV7&8 Results are inEric, sure thing.
2 point, I have asked the author of sand, lies and flies to interpret the result, you remember the article. we are following each other on twitter. He has replied to me prevoiusly so hope he will share his professional opion with me.
https://twitter.com/ChristofferDyre/status/861992112530829312
In terms of high grade quality, you should lokk at it this way. the higher the grade the more the yield cubic meter water pumped, hence less power used. Then where I think the savings really are in the membrane in the LIP proces that takes out the magnesium etc. he membranes are and expensive part of the OPEX and wear out or get saturated when they reach a certain level of magnesium contaminaon The end product would be the same measured in LCE = Lithium Carbonate equivalent, however what we are after is LIOH = Lithium Hydroxide (29% Li), that is what Tesla uses and that what gives a better sales price than LCE, as not all can prduce LIOH from their mine, but Tenova Bateman plant endproduct is LIOH = Lithium Hydroxide. The plant has an efficiency of 85% hence 15% get lost. Evaporation ponds has approx 40-50% efficiency
Then if 400.000 MT LCE was the real number, then my sheet look like this. Note: you see the calculation from MT LCE to MT LIOH with a 85% plant efficiency in the sheet. Second note the plant would be condierbale smaller so have estimated capex accordingly to USD 225.000.000, the rest keept as is.
In short= higher grade lithium in the brine, cheaper to produce. think it mntioned in their old report that they could mine down to 20 or 30 mg/Li, still producing LIOH.
| Guesstimations 2 | | |
| | | |
| Required resource economic viable | 401.584 | MT LCE |
| Planned production anually | 20.079 | MT LCE |
| Estimated Resource | | MT LCE |
| Equals lithium hydroxide (LiOH, 29% Li) with 85% plant efficiency | 11.319 | MT (LiOH, 29% Li) |
| | | |
| Sales price 1 | 6.000 | USD pr MT (LiOH, 29% Li) |
| Sales price 2 | 8.000 | USD pr MT (LiOH, 29% Li) |
| Sales price 3 | 12.000 | USD pr MT (LiOH, 29% Li) |
| | | |
| Capex plant | 225.000.000 | Mill USD |
| Opex | 1.400 | USD pr MT (LiOH, 29% Li) |
| | | |
| 20 years production of 11319 MT LIOH | 226.380 | MT LIOH |
| Annual turnover (USD 6000 MT LIOH) | 67.914.000 | USD pr year |
| Annual turnover (USD 8000 MT LIOH) | 90.552.000 | USD pr year |
| Annual turnover (USD 12000 MT LIOH)) | 135.828.000 | USD pr year |
| | | |
| Annual result after taxes etc ((USD 6000 MT LIOH) - Opex (11319 MT LIOH x OPEX) & Capex (CAPEX/20 yrs) | 30.613.050 | USD pr year |
| Annual result after taxes etc ((USD 8000 MT LIOH) - Opex( 11319 MT LIOH x OPEX) & Capex (CAPEX/20 yrs) | 47.591.550 | USD pr year |
| Annual result after taxes etc (USD 12000 MT LIOH) - Opex (11319 MT LIOH x OPEX) & Capex (CAPEX/20 yrs) | 81.548.550 | USD pr year |
| | | |
| Turnover of company over 20 years (USD 6000 MT LIOH) limited by production capacity 11319 MT LIOH yearly | 1.358.280.000 | USD |
| Result after taxes etc of company over 20 years (USD 6000 MT LIOH) limited by production capacity 11319 MT LIOH yearly | 612.261.000 | USD |
| | | |
| Turnover of company over 20 years (USD 8000 MT LIOH) limited by production capacity 11319 MT LIOH yearly | 1.811.040.000 | USD |
| Result after taxes etc of company over 20 years (USD 8000 MT LIOH) limited by production capacity 111319 MT LIOH yearly | 951.831.000 | USD |
| | | |
| Turnover of company over 20 years (USD 12000 MT LIOH) limited by production capacity 111319 MT LIOH yearly | 2.716.560.000 | USD |
| Result after taxes etc of company over 20 years (USD 12000 MT LIOH) limited by production capacity 11319 MT LIOH yearly | 1.630.971.000 | USD |
| | | |
| Guesstimations 3 | | |
| | | |
| Current shares | 100.000.000 | |
| share price USD | 0,39 | |
| Current marketvalue | 39.000.000 | |
| | | |
| Total shares after dilution (extreme dilution to generate cash) | 200.000.000 | |
| | | |
| Suggested PE ratio (SQM 32, ALM 18,62) | 12,00 | |
| Earnings per share (dilution) in USD, based on ( earnings est with LIOH 6000 prices) | 0,15 | |
| | | Shareprice CAD |
| Share price USD | 1,84 | 2,46 |
| Future market value USD | 367.356.600 | |
| | | |
| Earnings per share (dilution) in USD, based on ( earnings est with LIOH 8000 prices) | 0,24 | |
| | | |
| Share price USD | 2,86 | 3,83 |
| Future market value USD | 571.098.600 | |
| | | |
| Earnings per share (dilution) in USD, based on ( earnings est with LIOH 12000 prices) | 0,41 | |
| | | |
| Share price USD | 4,89 | 6,56 |
| Future market value USD | 978.582.600 | |
| | | |
| Exclude Sal De Vita and CYP option claim | | |