CHR charger metals nl
Add to My Watchlist 1.92% ! 5.1¢

$3 party

  1. Millgates
    1,180 Posts.
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    14/05/23
    14:23
    Post #: 67764310
    Entertainment purpose only! Rough estimation! Do not take this as investment advice!

    SYA acquired 60% of Moblan for US$86.5M. And Moblan was 12.03Mt @ 1.40% Li2O. So Moblan worths around $200M. And their intervals are mainly between 20-40m.

    CXO had very good hits close to our boundary. And if the intervals could merge into our land with similar width, rather than stay vertical, then we maybe hold a 10Mt+ resource. Despite 70% holding, our ores are wheelbarrow distance from the mill. So let’s give it $200M too. Which can support $3 share price. $3 party in August? I can only dream.https://hotcopper.com.au/data/attachments/5271/5271801-1bf2161a73d88f14d9040d86882a0d74.jpg
    https://hotcopper.com.au/data/attachments/5271/5271804-d2abae1d757882453da94a4107e49478.jpg


    Or CHR found nothing and head back to 30c to close the gap which is unlikely IMO.
    CHR Price at posting: 67.5¢ Sentiment: Buy Disclosure: Held
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5.1¢ 		Change
-0.001(1.92%) 		Mkt cap ! $3.948M
Open High Low Value Volume
5.2¢ 5.2¢ 5.1¢ $3.554K 69.56K

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2 70000 5.0¢
 

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Price($) Vol. No.
5.1¢ 40355 2
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