Sometimes its difficut to get a handle. I did a short trade recently over at LRS, its MC is nearly $1Billion and yet has not produced any lithium- not likely in my opinion for a couple of years at least. On FA you would be nervous about holding a large amount. A lot of people there were saying overvalued at a MC of $500M and yet it has just kept going, The truth is we never really get to see whats going on behind the scenes and inevitibly announcements, some awesome, come from left field.
I think this last announcement impliedly put the writing on the wall- suddenly increasing the size of the team, building extra accomodation on site for them and hurredly getting an extra drilling rig on site to expedite things,,,maybe our geo's are pleased with what they are seeing? If so does not mean they have to make an announcement about that. The company is entitled to act on its best guess and informal analysis...Good luck
Disclosure: My wife would inform you that I am right exactly less than half of the time....
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31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $380.0M |
Open | High | Low | Value | Volume |
32.0¢ | 32.0¢ | 30.5¢ | $1.245M | 4.001M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19705 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 78278 | 3 |
View Market Depth
No. | Vol. | Price($) |
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5 | 358919 | 0.310 |
4 | 48307 | 0.305 |
15 | 476283 | 0.300 |
6 | 204203 | 0.295 |
5 | 155199 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 78278 | 3 |
0.325 | 86393 | 3 |
0.330 | 66929 | 3 |
0.335 | 105000 | 2 |
0.340 | 50769 | 2 |
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