@crabbe21. I share your views. LIT looks undervalued.
LIT's business plan could leave the door open to new investment funds, deals or joint venture etc, to overcome possible problems. Lucky LIT has no major loans or debts to hold it back.
The possibility of maybe 2 lithium processing hubs in WA (at Lake Johnson site with POS, and at Port Headland in deals/MoU with PLS and maybe Venus Metals and others) and the option of toll processing from various sources of lithium could be enough to get funding and the turnover of cash flow going in the near future.
Purchase of the VSPC plant for the battery cathodes and recycling strategy could also turn over some cash flow.
It would be interesting if LIT announces a SiLeach large scale pilot plant is to be built & completed within 6 months or so.
LIT share price could spike between $0.15 to $0.50 if the market gets behind a perceived improvement to earnings outlook. NB I'm just a hopeful investor and No financial advice is intended.
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.80M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $14.50K | 723.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 6411118 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.1¢ | 980685 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 6411118 | 0.020 |
13 | 1610833 | 0.019 |
20 | 2044895 | 0.018 |
8 | 427905 | 0.017 |
4 | 1847611 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 980685 | 11 |
0.022 | 1191044 | 10 |
0.023 | 440718 | 3 |
0.024 | 642625 | 6 |
0.025 | 395891 | 5 |
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