Yep 10 cents is not unrealistic with a bit more water under the bridge. That would give us roughly a $300 million market cap.
In the mean time we have about $8 million in cash with around $85 million market cap. At our pre-production state, that seems reasonable.
With the first Offtake arrangement in the bag, a spike to 5 cents ($150 MC) could be on the cards, but that really depends on if the DT's go silly or not.
We will need a bit more cash down the track but at this stage the boys are doing well.
Ann: Trading Halt, page-38
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.68M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $353 | 101.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 14153283 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 23550930 | 52 |
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| Last trade - 13.00pm 10/07/2024 (20 minute delay) ? |
| VML (ASX) Chart |