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Ann: Spodumene Lithium Identified Over 2.5km Trend Ravensthorpe, page-84

  1. 3,227 Posts.
    lightbulb Created with Sketch. 849
    l will be backing the truck in at that price but l doubt the sp will drop to 6c.
    There is strong support at 10c.
    Over the past couple of weeks the sp did drop into the 9's, but within an eye blind
    the sp shot up to 12c plus on both occasions.
    With an MC $29 million and $12+million in cash and equivalents giving an
    EV of $17 million, this is cheap and worth a decent punt.
    Loads of potential here.

    We just need that drill to start and keep turn into the mineralised pegs and
    let the assays do the talking.

    Also 14km from the big boys, we could be an attractive take over target in the
    near future.

    aimo
    dyor



 
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