I could easily do some cash flow analysis for you that could justify such a market cap based on modest PE ratio.
But the easiest metric is that there is not a single existing producer of Spodumene or Lithium Hydroxide with less than a A$1 Billion dollar market cap.
This is bear minimum in my view that we can expect getting closer to production.
What do punters think about this company, page-37
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $39.14M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.8¢ | $7.011K | 244.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 237073 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 167621 | 1 |
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| Last trade - 15.44pm 07/11/2024 (20 minute delay) ? |
| EUR (ASX) Chart |