Member Info for r7632

Our target price, which includes assumptions for the project financing, assumes a risking of 0.6x P/NPV

shares are currently trading on c0.1x NPV

Does this suggest a 6 times increase?

Just to Clarify. Price target of £1.14 - By when?

Just a thought how does this compare with market forecasts for lithium demand.

Where will he get his Lithium?

Did I read Ganfeng have a supply agreement with Tesla, or was that just wishful thinking.

Where did the £1.80 (I wish) come from (not being negative, or questioning your view) . I can't see the Chines Government not approving as its such a good deal and they need the Lithium (as per Tesla Giga Factory 3 - Money was no problem for them)

If its 18 Months to build and due to produce in early 2021 they must be planning to start soon.

The article from Joe Lowry is dated 19 Jan 2016 + Plus 5 Years is Jan 2021.

Remind me when Sonora is due to complete the Build and start producing - 2021 !

So old article, and also PS is stating this in not a Cloggy Clay deposit but a Soft Shale Deposit.

So if he is right Sonora will be on time, and if PS is right ( and I believe he is ) it will also be on time.

So just 8 days and hopefully more clarity/confirmation from Ganfeng and we are good.

I think Ganfeng got a good deal, But in the end the Project will go ahead and the existing shareholders will benefit.

So at this stage I have no gripe with what they are paying. There is a tendency to be greedy and believe the NPV is there without someone like Ganfeng ready to come along and fund the Project. It is not. Ganfeng is instrumental in releasing the value.