So are they saying that our current $1.06 share price which has a MC of $1.25b is actually worth $1.85 which would be more like $2.2b MC and this is for the Lithium alone.
If our LLL was to list at $500m which is a popular figure here, then we would be listing about 1/4 (25%) of this valuation.
Could we see a 4 fold in the SP when it lists one day, eventually i hope.
i wont worry about the Morilla valuation, that will spoil my positive spin here.
FFX Price at posting:
$1.06 Sentiment: Hold Disclosure: Held