Pricing CLQ Pricing these companies before they are up and running at full capacity is almost impossible. NAVPS can be calculated properly once you have 4 or 5 quarters of financials to pry through. But just for fun lets try and throw a number on it. 20,000 tonnes lithium carbonate a year valued at $6,000.00 a tonne. Cost of mining per tonne is $3,165. So $6,000 - $3,165.00 =$2,835.00. Now $2,835.00 x 20,000 tonnes = $56,700,000.00 incoming cash flow. $56,700,000.00 divided by roughly 348,000,000.00 shares outstanding(assumed some more minor dilution)and you get
.16 per share earnings. So at P/E ratio of 10 you would get a share price of $1.60 at full production.
Feel free to tweak the numbers any way you want, you can only guess at what the market will give it for a P/E ratio. It could be 5 or it could be 25. I,m hoping for 25 (lol). Assuming $2,835.00 margins per tonne might be naive or it could go up from there to , and of course there is all sorts of other costs to factor in.
At
.36 per share I figure it must be a buy.