May. 12 at 5:32 PM
$SGML simple math. At
$3000/ton spodumene price and 240kt/year production SGML will make
$720 million/year. P/E 3.06 at current market cap. At 540kt/year production,
$3000/ton spodumene and 3 P/E SGML market cap
$4.96 billion. At 740kt/year and
$3000/ton spodumene and 3 P/E SGML market cap
$6.79 billion. Lithium deficit is already there. Now run the numbers with higher P/E. Sell it if you want. I keep accumulating. Good luck to all. Always
