This post is quoted and based on an analysis done by someone at InvestingNote, and I have trouble finding the link; if you are the original writer, please let me know so I can give credit to you.
Stage 1 production = 155,000 tpa
Stage 1 production with Lithium Fine Circuit (LFC) = 220,000 tpa (Taken from the interview with TAW CEO) by end of 2018
Stage 2 production with LFC = 440,000 tpa (Taken from the interview with TAW CEO) by Jun 2019
Production rate will be almost 3 times the rate of stage 1 production. The timeline is realistic and I trust Mark Calderwood in delivering it based on the track record.
P/E is based on price of S$0.395.
Stage 1 - During Stage 1 production which is now, the project will be generating a gross profit of (US$880-US$429) x 155,000 = US$69.9m or S$91.6m. AMAL gets 50% which is S$45.8m. At current price ......