RE: Dee & Valuation calculation20 Jun 2021 23:19
Hello ALB,
It's justified in accordance to where other Lithium miners trade in relation to their respective NPVs; particularly those that aren't as de-risked.
It factors in the cash at hand, the life cycle of this mine, what Zinnwald would be worth as of production, and pushing it all into a DCF Model.
That being said - I did ask the CEO to justify 'their' valuation, and I look forward to the formal offer where they will undoubtedly produce it in full...