Comment by
shahabstarship on Feb 11, 2020 8:58am
Yes, this. I am pleased with this strategy now that there are eyes on the sector in public markets. My guess is we will be lifted to about $1 territory on this update in the days ahead -conservatively. If you look at LAC's valuation (>500M) and discount Nevada, NLC with full funding and permits should be much higher than this, so this will drive the market mentality right now.
Comment by
Kopsage on Feb 11, 2020 9:13am
Financing announcement would be far more significant than any other announcements we were seeking. It would significantly derisk the project overnight. Final SP or Mcap would be dictated by terms of the financing. $300M, $400M or $500M for 50% of the project?
Comment by
Papino0 on Feb 11, 2020 9:44am
at 1.80/ share (the last financing) it would be something around 200M for 49% ;)...
Comment by
Kopsage on Feb 11, 2020 10:30am
The latest project financing would be based on Project NPV and not the previous round of financing 2 years ago.
Comment by
Papino0 on Feb 11, 2020 10:42am
Wich deal has been based on NPV in the lithium sector?
Comment by
Kopsage on Feb 11, 2020 11:07am
This one? (hence the long wait) I said based on it, so it will be used as a reference point and the kind of demand or price rise expected in the near term. Now would the time for an interested party to close a transaction at a discounted price to NPV. If those parties wait till 2nd half or early next year, they might have to pay a lot more and close to the NPV value. Good luck with your investment
Comment by
neosceptic on Feb 11, 2020 12:55pm
"Albemarle has acquired a 60% interest in MRL's Wodgina spodumene mine in Western Australia for US$1.3 billion, consisting of a cash payment of US$820 million" Which is not far from NPv