Standard lithium, one of our peers have received an updated, revised target price of $14 from Canaccord. This gives SLI a MC of CAD $2.2B for 40% ownership and for 100% of ownership approx $6B. SLI goes into production in 2024.
Compare this against recent Red Cloud re
vised target price of $2.20 for LKE (that gives a MC of only approx. $2.5B). When some more boxes get ticked such as Kachi demo plant (Q1 2022), offtake etc….. IMO, very soon LKE will also be valued close to SLI MC.
Just a matter of time and very likely within next 5 months.
LKE towards TOP-5, page-810
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3.4¢ |
Change
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Mkt cap ! $56.72M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $62.54K | 1.842M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 2517325 | 3.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 914782 | 8 |
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