GREY:NMKEF - Post by User
Comment by
stkinvestor75on Mar 17, 2019 12:19pm
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Post# 29497524
RE:Valuation model of Nemaska
RE:Valuation model of Nemaskaafter a first iteration of the valuation model, I would be worried to invest in Nemaska. The valuation based on financing of 375M on both equity and debt both brings a NPV price per share of more than actual share price with the 33 years of LOM.
However, I can not stress enough on how those parameters can change and with them the picture of the NPV. Example, they use 1.3 as the exchange rate. I would doubt that this will be true for the next 33 years. It can go ether way for sure, but I would not use a so low security buffer in this case. Same goes for pricing for lithium hydroxide price in 25 years, etc.