GREY:NMKEF - Post by User
Comment by
lamothzeon Dec 31, 2015 1:55pm
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Post# 24422511
RE:New(ish) corporate presentation
RE:New(ish) corporate presentationAll I see is the corporate presentation from November
QuietWater wrote:
https://www.nemaskalithium.com/en/investors/corporate-presentation A new corporate presentation (as of last week) is up. A few points that I personally find interesting in it: - new non-NI43-101 compliant sensitivity done with 9000USD/tonne, .8 exchange rate, and 6/4 debt to equity with 2 year payback. Hard to see this new level (9000 USD surviving for long, but I would say the new payback is lower than 3 years for sure). - still need 13 million for pilot plant. Guess the buildings were not included in pilot plant costs? Still in talks for balance of budget - this poses some risks. We'll see what happens early in the new year. - fully diluted market cap is 86 million. This is quickly approaching western lithium (wlc) market cap, but a few early stagers are still valuated higher (e.g. the one in Mexico). Without further development of the mine, I'm seeing this be overvalued north of 60 cents, 123 million market cap (lower if options / warrants are exercised). All depends on execution.