Australia's largest stock trading and investment forum Australia's #1 stock forum

NPM

Click for more information

3.70%

1.4¢ newpeak metals limited

Ann: Change of Director's Interest Notice * 4, page-26

First 26 Last

Share
Profile

Follow
grayza1

2,450 Posts.

209

27/06/18

18:17

Post #: 33989838
Share

Originally posted by Fishinnick ↑

Yes, yes, i'm forming up my risk analysis inbetween making a few sausages but all done on that front for the week now so i can go back to concentrating on my forensic DD. Not sure if its no doubt forensic DD though, its more like less doubt than having a stab in the dark type of DD.

So far ive got his far if you can follow my fuzzy logic.

Mkt Cap of about $35 mil
LKO holding of 1.9 billion shares worth about $20 mil on a good day. (Not sure why they have so many of them, i guess they was gambling)
Cash in Bank of about $5 mil

That leaves $10 mil for the worth of its exploration activities i guess.

Why Lithium??? Isn't enough lithium being mined?
Don't you think they should spend the money looking for some gold instead?

Expand

1.9 billion cause they sold some gas assets to LKO.

It is expected to be 80-100MT hard Rock lithium deposit just at Las Tapas then there is a much larger one down the road which would make it one of if not the largest deposits in South America.

They have a growing portfolio of gold tenaments but they have stated the first priority is lithium.

There is nowhere near enough lithium being mined.

Last edited by grayza1: 27/06/18

DHR Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

OBM

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

There are more pages in this discussion • 3 more messages in this thread...

First 26 Last

Add NPM (ASX) to my watchlist

(20min delay)
Last 1.4¢		Change 0.001(3.70%)		Mkt cap ! $2.037M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$8.365K	597.4K

Buyers (Bids)

No.	Vol.	Price($)
2	213541	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	237796	1

View Market Depth

No.	Vol.	Price($)
2	213541	0.014
1	481017	0.013
3	466000	0.012
2	285999	0.011
2	308000	0.010

Price($)	Vol.	No.
0.015	237796	1
0.016	1165480	3
0.017	186000	1
0.018	1038509	3
0.019	1781624	2

Last trade - 11.34am 11/07/2024 (20 minute delay)

NPM (ASX) Chart

SPONSORED BY