We already know that there is some kind of deposit there, so worst case scenario is that it is only small.
ESS was recently valued at $135m with a deposit of only around 11Mt. I see that as a worst case scenario at the moment.
I believe that the current market cap is limited not by the fundamentals, but more by the recent share price history. Investors who bought at 10c are already sitting on a very nice profit. Their risk appetite is potentially going to be very low.
Ann: Expanded Lithium Soil Anomaly at Lake Johnston, page-106
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TG6 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $12.79M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 17.5¢ | $114.1K | 630.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21614 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 69994 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| TG6 (ASX) Chart |