Post by
LiAuAgScV on Nov 08, 2023 8:18pm
Value at PEA was $ 1.12 Billion U.S.
-Some simple math.
- Lithium pricing used in 2020 at time of PEA was appoximately $14,000. per tonne selling for lithium carbonate .
-All the experts that I listen to are calling for inadequate lithium supply by the time E3 is planning on being in production and in turn prices over $20,000.U.S. per tonne SELLING, possibly more for lithium hydroxide .
-E3 PEA called for a Net Asset Value, at that time , of $1.12 Billion U.S. based on 20,000 tonnes of production per Annum .
-The numbers point to a higher NAV with the PreFeasibility Study but regardless using the PEA value
$1.12 Billion U.S. divided by 80,000,000 shares fully diluted equals $14.00 U.S. per share or $19.00 Canadian .
-E3 is desperately undervalued .
-Draw Your Own conclusions
Comment by
My19sixyNineZ on Nov 08, 2023 8:44pm
I think FOMO alone could do $14. Shalll see. : ))
Comment by
NoBigDealbcl on Nov 08, 2023 9:51pm
When laid out like that, pretty stright forward with awesome upside here.