I like the fact that your playing it very safe portadelaidefan but I reckon that call regarding a 1.5 billion market cap is a very conservative estimate.
I think 2 billion plus by the time we are producing is very probable and that estimate does not include a positive outcome with the Gold. The yearly income alone due to the extremely high spodumene prices moving forward would breach 2 billion easy, even if we only had a EBDITDA of 20 years. 25 by then seems very achievable and I think 100 million a year is quite easily doable.
But time will certainly tell and I think one way or another, we won't regret being on this train hey?
load up on cxo?, page-7
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Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.9¢ | $1.160M | 11.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 334432 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 5164094 | 72 |
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