future potantial of TTX: 1$ to 1.50$ based on my modelTought I would put some sense on future pricing since I see some post giving figures which make absolutely no sense
Readusted my DCF model,
Spod Conc (6%) ton FOB opex cost = 308$USD
Spod Conc Ton price = 650USD (in 2-3 years)
Qty of ore = 40Mtones
CAPEX =50 M$USD (this part is a big assumption)
Life of Mine =20 years, 2mtpa for LOM
number of shares outstanding after financing = 750M
Lithium ore % = 1%
TTX% of asset = 65%
corporate tax rate = 30%
PE ratio = 20 (while average is 35, which adds a discount since in RDC as we need to consider risk)
I arrive with a price per share of 1.80$
So no, won't be 5$ in a few weeks.