Allkem Ltd T.ORL

Primary Symbol: OROCF

Metals & Mining Industrial Metals & Minerals

Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, and Olaroz. The majority of the company's revenue is derived from the Olaroz segment.

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Allkem Ltd

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Post by TheRazmoton Jan 04, 2022 10:40am

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Post# 34281492

2022

Happy new year all!

Been an investor in Lithium One, who became Galaxy, then Orocobre and finaly Allkem!

Happy to se this company develop project on several continents using profits from its current operations in Aus (Mt Catlin) ans South-America (Olaroz).

Quick estimate for 2022, at current LC and SC prices shows they will be making profits of 400M USD on 600M USD revenue from current operations. That is using a 50 to 60% of current spot prices per ton since there production (220 000 tons of SC and about 12000 tons of LC) is 100% contracted.

I believe these numbers are conservatrice, si ce LC et SC prices per ton are still rising fast!

Hence, AKE has/will have sufficient $(400 MUSd cash/ 400M USD+) to develop both projects; not to minimise Toyota involvement in the LH plant in Nahara.

Anyway, Happy with my Lithium One investment and looking forward to seing this baby fly above 20$ in 2022 and a lot higher by 2025.

DYODD

Raz