ORE 5.11% $6.13 orocobre limited

Ann: Olaroz lithium facility update, page-29

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  1. 85 Posts.
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    This is a bit disappointing. Incorporating the reduced selling price and the slight increase in production, my excel spreadsheet's valuation reduced by 7%. Even so, it is still $6.06!!!

    This is assuming a PE of 12 and assuming stage 2 will be complete in 3 years, with a very conservative lithium price of 9k, and stage 2 missing nameplate as stage 1 has...


    Despite the negative assumptions  my excel has this having an 80% upside!!!


    Its a solid BUY.

 
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