I added more on the dip today. I thought I may as well given assay results are due anytime this month.
$500m market cap would be 20x, i.e. around SP of around $3, although we should expect some dilution on the way. So I will settle for $2-2.50 SP.
GL1 has 18.9mT@1% Li20 and has a $500m market cap. So I would say this is definitely not out of the question given AAJ also has some very high grade gold deposit.
AAJ chart, page-437
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.165M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 574808 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 618881 | 4 |
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| Last trade - 16.12pm 10/07/2024 (20 minute delay) ? |
| AAJ (ASX) Chart |
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