OTCQX:NTTHF - Post by User
Comment by
HonestAbeon Nov 08, 2017 2:23pm
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Post# 26927331
RE:Thinking of buying ...
RE:Thinking of buying ... The EV sector is a no brainer. I anticipate sales impact in meaningful numbers starting in 2020 and by 2022 to 2023 the price of EV should be same or less than gas cars, at which point we see parabolic sales growth. I also see battery tech continue improving and pushing EV single charge driving range to exceed 600Km or more than a gas car with full tank.
Despite changing metal composition in designing improved batteries, Lithium is currently entrenched in mainstream design and will still do so for at least next 5 years even if a superior non-Li innovation comes along, simply due to long adoption period.
If you run basic math on numbers, assume $2.50 share price after feasibility study, 100m $2.50 shares equity financing, $350m 7% debt financing, and using $350m annual revenue as a guide, with total 220m shares outstanding the net earnings after ITDA could be 66c per share. That implies $8 stock at P/E 12. Using LAC peer valuation returns $9 for 100% asset control. This is 4-year theoretical target.