1MC 5.88% 3.2¢ morella corporation limited

Ann: Investor Presentation, page-9

  1. 392 Posts.
    lightbulb Created with Sketch. 270
    Will this hold 0.05?

    25M Mcap, or 18M EV, but there's no actual hints of a resource or even a lease yet, just purely earn ins. 4M earn in required in total?

    so 22M EV by the time they get the interests, you better hope they hit early, 22M is steep for 2 x 50% tenements (although seeing RDT at 100 mill just on the potential discovery of a steeply dipping lithium body of non-economic size makes it clear in the lithium bubble any valuation flies)..

    Also, surely a share consolidation coming up within months of listing? never seen a share relist at just half a cent.

 
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