The company has EV of only $66m (MC-cash), like being in a third world country with high sovereign risks. The resources of 54mt are valued by the market at just over $1/t.
Maybe the company should stop globetrotting and making fluffy announcements and presentations. As I posted on a number of occasions, the sp has dropped with every announcement, regardless of what the other lithium companies are doing.
Ann: Presentation - RIU Sydney Resources Round-Up, page-3
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $54.96M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 21.5¢ | 19.5¢ | $46.97K | 226.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5001 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 17911 | 2 |
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| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| GL1 (ASX) Chart |