LOT 3.92% 26.5¢ lotus resources limited

Ann: Exploration drilling commences at rare earth prospect, page-27

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  1. 704 Posts.
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    I think Lotus has more chance of going 4x to 1.5 billion market cap than Paladin going 4x to 11 billion market cap.
    If you factor in Lotus owning 85% of a mine and Paladin owning 75% of a mine it would give you 31.5 mlb vs 67.5 mlb meaning Lotus's mine is close to half the size but Paladins market cap is 7.5 x larger , even taking into account Paladins other assets , Lotus's market cap should be alot higher.

    Lotus 85% of a 37 mlb resource with a mine

    Paladin 75% of a 90 mlb resource with a mine , 80 mlb in Canada and 190 mlb that is in areas with a ban on Uranium mining.

    Markets are erational so anything could happen , you only have to look at some other stocks.
    Last edited by turtlespeed: 18/09/21
 
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