Post by
LithiumNPV on Aug 18, 2017 11:36pm
Management said as high as 6 million tonnes of LCE
Let's keep things as simple as possible to appreciate what a steal Advantage Lithium is.
AAL has 2 million tonnes of LCE (could be as high as 6 million). The average price of LCE will be conservatively $20,000/t over 20 years. The cost is $3000/t. So the profit is $27,000/t.
2 million tonnes / 20 years = 100,000/t per year. 100,000 t/yr x $27,000/t = $2.7 billion/yr
Let's use a discount rate of 8%. That's a NPV of $2.65 billion / 90 million shares = $295.
The share price should be $295. What's the current price?
Comment by
aucontrairenow on Aug 19, 2017 9:45am
LNPV, Um...I won't even question your basic premise numbers but: 1. How did you derive $27,000 from a price of 20,000 and a cost of $3,000? 2. How do you get $2.65 B using $2.7B and 8%? 3. How do you divide 90M into 2.65B and get $295? RU doing the accounting on this project?
Comment by
Bigdeposit on Aug 20, 2017 6:08pm
Well then, if it's a no brainer, why is AAL sitting at a measly $0.41 stock price on very little volume? Maybe it's time to do a lot more promoting and tell the world about Advantage. Not very happy buying this at 0.75 and watching it sell off soon after several original directors resigned.
Comment by
aucontrairenow on Aug 20, 2017 6:21pm
Pay it zero attention Big, LNPV has the same posts word for word, cut and pasted, onto the LIX and NLC boards...I dont even know where he gets that AAL has only 90M shares outstanding...