RE: Pyc5 Feb 2025 16:57
Avocet ...
Some big numbers there but you've gone quiet . .gluck
avocet123
Posted in: MAC
Posts: 4,888
Price: 3.35
No Opinion
RE: Interview first thing Wednesday morning on BBC 13 Feb 2025 15:36
I have now just read that target production output is 10,000 ton per year. Currently lithium is about $10k per ton, so revenue will be about $100m per year, or £80m per year.
So on a PE of say 5, M/cap could be around £400 million x 8.5%. MAC's share will be worth £34 million.
So its a 10 bagger if it all goes well, at current lith prices.