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0.00% 5.0¢ patriot lithium limited

IPO - Patriot Lithium Limited - 5 December 2022 #, page-74

  1. SpeccySaver
    16 Posts.
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    08/12/22
    11:12
    Post #: 65215873
    I think you are looking at just the Arizona project, the Black Hills in South Dakota is the big fish which is right next to Iris Metals IR1.

    Iris $1.80/$180M Mcap v Patriot $0.20/$17M with $10M cash.


    So even at $1.00 the Patriot MC is still only half of IR1!

    Lots of upside here post listing, the inflation reduction act means local producer will command a premium.
    https://hotcopper.com.au/data/attachments/4899/4899076-0dc32217f7fa1610e2617eec627aaeba.jpg
    PAT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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