Definitely agree on the lack of hype here, generally a good thing! I was told it's 10am AWST for listing so expect a bit more to build - I've got bids from 28.5c to 32c on my data feed.
A quick summary for those that want some facts:
- market cap on listing of $26million
- located in the hot Pilbara region, close to existing infrastructure
- Lithium resource of 10.5Mt grading at 1.0%, only been drilling the last year, EV of $16m
- rig on site and commenced drilling earlier this week
- comparison: EUR has a resource of 11.0Mt, 1.0%, further to infrastructure, with a market cap of $56million (though EV of $52m)
Opening Price?, page-20
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $56.02M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.0¢ | $23.42K | 106.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20819 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 15750 | 2 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |