If NVA rather than cap raise can sell LITM down to 40% via a block trade @ circa $10 per share at some point in the next 6 months it puts circa $40M AUD in the bank account. I'd be pretty comfortable with that scenario.
Snow Lake Lithium Ann, page-44
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Last
24.5¢ |
Change
0.020(8.89%) |
Mkt cap ! $52.68M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.5¢ | 21.5¢ | $31.00K | 130.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 19999 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |