RE: Lithium Price12 Nov 2025 10:34
GeorgeH1987
Bougouni Lithium Project (31.9Mt resource at 1.06% LiโO) is valued via NPV in feasibility studies. Investor chats and reports often reference NAV per share (e.g., back-of-envelope calcs putting it at 1.1-6p based on book value or project NPV). FYI. Analysts' price targets (e.g., 1.00p consensus) implicitly bake in NAV uplifts from milestones like export permits and funding.
EPS is unknown until 2027, with revenue projected at ยฃ104M by FY2026 (post-Bougouni start-up). Once producing, they'd benchmark against peers like Pilbara Minerals (P/E ~20x). Current targets aren't P/E-driven; they're more NAV/DCF (discounted cash flow) focused.
KOD trades at ~0.26-0.33p (market cap ยฃ52-67M). That's ~1.1x book valueโcheap if Bougouni hits first output in 2026. Upside? Analysts see 200-300% potential to 1p+ on NAV realization.
Kodal, predictions lean heavily on NAV right nowโP/E is more of a "post-production" tool. If lithium rebounds (demand from EVs BESS), NAV could boom.
In fact it will boom ๐ฅ ๐ ๐ฅ patience required ๐