Good trading today, looking strong on a weak market day.
I took up a position last week and have added more this week. I mentioned this in my Weekly Lithium report that I do on couple of Lithium stocks.
Although there is no certainity with juniors and the drill results, with a market cap of $50m and both graphite and lithium, it is looking promising. First lithium results were good and looks like more results are round the corner.
Another thing to like is cash balance. Have just raised $7.8m in placement. Around 136m MLSOB are due to expire on 1st June. Strike price is 7c, so if MLS stay above that and all oppies are converted, there will be additional $10m nearly more, so hopefully no CR for some time.
If things fall in place, I had a target of around 30c for short term which I mentioned in the report, that will be just over $100m market cap - very achievable - but everything should fall in place including good drill results.
This is just my opinion and I could be wrong, so please dyor and check for yourself. All the best.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.27M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $20.52K | 977.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2623105 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 43151 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2623105 | 0.020 |
12 | 3685379 | 0.019 |
11 | 3481294 | 0.018 |
4 | 1131953 | 0.017 |
3 | 274500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 43151 | 1 |
0.022 | 219170 | 5 |
0.023 | 248500 | 3 |
0.024 | 278137 | 1 |
0.025 | 591353 | 5 |
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