NILI trading at $ 8/ton LCE (pretty ridiculous)NILI is trading at $ 8/ton LCE, which is a pretty ridiculously low number.
How I go to that number:
Market cap $ 56 million dividend 7 million tons of LCE in place
Think of it another way, market is saying that NILI will only make a net profit of $ 8 per ton of LCE over its lifetime.
At $ 12,000 per ton LCE we are generating 30% to the bottom line.
You can see how far off the market is with reality.
Some say NPV at 8% discount should be $ 5.7 billion.
If we use that number then NILI is valued at $ 814 per ton LCE.
So huge difference between $ 8 per ton LCE and $ 814 per ton LCE (NPV).
It means a rally of 100x just to catch FMV.
Good Luck,