AS2 11.4% 4.9¢ askari metals limited

Ann: Signs Strategic Agreement with Shanghai-Listed Lithium Co, page-83

  1. 4,219 Posts.
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    I wouldnt really say its a gamble, would say a higher risked investment determimed by research.

    Agreed with why MC is only 24m.......In saying that, there's plenty of busineses with far greater MC with no Drills and only 1 or 2 projects.

    The best thing here is its all about to change very shortly and now less derisked with offshore investment. Exciting times for Askari and if this new aquisition is of a new project with more advanced lithium opportunity similar to how GL1 advanced their SP with Aquisition of the Manna project last december it could send the SP off to the races.

    We still are yet to rerate with the new agreement we just signed so both news should push us back above 60s and challenging all time highs. The real money is made being here early before anything is discovered thats where 5x and 10x are made.........

    Bare in mind too we are still operating in a Bear Market, wait till it gets bullish, all Lithium stocks will be flying and fully re-rate. We are much further advanced than where we were at 78c, realistically we should be far beyond 78c, but everyone says that with every stock, but there's fair conversation here.
    Last edited by asxtrader007: 22/10/22
 
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