Hi jm69
I think it is important, as any spec miner we get carried away with valuations and test results. LYC had high ree prices and a plant that would produce at double of what it does, then construction starts and everyone gets frustrated with delays and expectations and in LYC case falling prices.
OBJ same sort of thing market got ahead of itself with expectation of product releases then frustration and delays set in price falls. LYC starting to get better revenue to a profitable point, the light can be seen and movement is starting. Obj is a bit behind the same formula. A few more products and by then revenue will allow profitability and price will rise again.
LYC was over what 14 years to get here, obj getting to the same time line
- Forums
- ASX - By Stock
- WFL
- 13.5 close tomorrow
13.5 close tomorrow, page-63
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online