1MC 4.65% 4.5¢ morella corporation limited

Ann: Updated Research Report - Canaccord Genuity, page-107

  1. 1,473 Posts.
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    Firstly, I love this stock since it is practically hype free. Even today where we are the top lithium stock with the largest % gain on the day we are not in the top discussed list. Just nice and quiet in this forum without the typical pump and dump people!

    Secondly why I like this stock is that we are greatly undervalued. If we go to 3-3.5mtpa ore, which would be required to produce the requested 450ktpa 6% spodumen, our MC will be above 1b$. So a factor of 3 from where we are now!

    Thirdly why I like this stock is that in order to have a significant LOM sustaining the 3mtpa we need to significantly increase the resource. Management does not consider this to be a problem as far as I understand.

    Last, but not least, we will be first into production. Not a very big thing but an other proof of the capabilities of this management team. No nonsense, no bullshit! Just work your butt off and get the job done! I love how AJM has been going through the pretty wild lithium times of the last 18m or so. Steady as a rock and straight as an arrow!
 
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Last
4.5¢
Change
0.002(4.65%)
Mkt cap ! $11.12M
Open High Low Value Volume
4.3¢ 4.5¢ 4.3¢ $1.262K 28.81K

Buyers (Bids)

No. Vol. Price($)
1 202023 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 81181 4
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Last trade - 14.56pm 24/07/2024 (20 minute delay) ?
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