Thanks! We know lithium is not rare at all (although economically explorable resource is limited by current technology), so how much they can produce a year is critical, as it's directly related to revenue and earning. Canadian explorers will have several limitations to reduce their production capacity, and this will be a factor priced in their final valuation when their feasibility studies are released. Locking a higher output plan (like 500ktpa if that becomes true) is a big advantage, as we will be easily get more resource by further exploration and acquisition (it's easy when our 4Mtpa is online to print money). I cannot believe A$500M market cap will match a 500ktpa sc6 production profile forever. A 75ktpa LCE producer by 2026 should not be valued below A$1B even right now.
Short-term price action is very hard to predict for sure, and this is not financial advice at all. GLTAH
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PAC Partners increases LRS price target to 29c, page-25
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Last
19.3¢ |
Change
0.003(1.32%) |
Mkt cap ! $517.8M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 18.5¢ | $1.334M | 7.022M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 1882347 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 3406644 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 1786516 | 0.190 |
31 | 6190758 | 0.185 |
43 | 5554127 | 0.180 |
35 | 4632997 | 0.175 |
31 | 3332390 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 3158115 | 47 |
0.200 | 4233664 | 48 |
0.205 | 2588591 | 23 |
0.210 | 1306857 | 25 |
0.215 | 1643014 | 9 |
Last trade - 11.21am 21/08/2024 (20 minute delay) ? |
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CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
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