Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Lygend Resources & Technology and more

In today’s briefing:

  • Lygend Resources & Technology Pre-IPO – Thoughts on Valuation

Lygend Resources & Technology Pre-IPO – Thoughts on Valuation

By Clarence Chu

  • Lygend Resources & Technology (LR HK) is looking to raise about US$600m in its upcoming Hong Kong IPO.
  • Lygend Resources & Technology (Lygend) is a nickel trading and production firm with a portfolio covering multiple areas across the nickel industry value chain.
  • In this note, we will look at assumptions, and share our thoughts on valuation.

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