L1M lightning minerals ltd

Ann: Drilling starts at Dundas targeting Li pegmatite potential, page-17

  1. 2,181 Posts.
    lightbulb Created with Sketch. 548
    The days are ticking by. RC drilling is ongoing.

    EMC up 30% today from reporting pegmatites. Puts them at ~$14m market cap ~$11m EV undiluted.

    This could be a very easy 100% gain if we hit pegmatites here. RC Drilling started last Tuesday.

    LRV in their previous drilling campaign identified 9 pegmatites. They are to the south. Didn't drill through them as they didnt have an RC rig IIRC.

    I am stunned the share price hasn't moved. This is either completely under the radar or the market doesn't think they will drill through a single pegmatite here, let alone find lithium in the pegmatite, just simply hitting the pegmatite to decent widths is what the market wants.

    All IMO

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.9¢
Change
-0.001(2.50%)
Mkt cap ! $4.634M
Open High Low Value Volume
3.9¢ 3.9¢ 3.9¢ $1.95K 50K

Buyers (Bids)

No. Vol. Price($)
1 60670 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 500000 1
View Market Depth
Last trade - 10.10am 30/07/2025 (20 minute delay) ?
L1M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.