Financial PerformanceROK is expected to deliver 4.0% production per share growth while also having an FCF yield of 10.7% for a combined return of 14.7%.
Project PotentialThe Viewfield project's strong parameters include OPEX at US$3,319/t and CAPEX per annual tonne of US$46,899, leading to better expected returns with an A-tax IRR of 45%.
Stock ValuationThere is substantial unrecognized value in the stock for the lithium potential, with the stock already considered inexpensive, leading to a Buy rating on ROK.