I have just finished my evenings project on the PIO share price calculated on the market cap of other Lithium companies , the potential lithium they have and a fudge with the timelines to mine, nothing is exact but after allowing for time and traction our share price will be between 5.2697719 cents per share on the low end and 5.8285714 cents per share on the high end. This is based on playing catch up to an average weighted share price and market cap of other Australian lithium tenement holders or miners.
If all goes well we should cross the lower price point in 2 months time, if we have another 2 major announcements then the time will be shortened and the price points will be higher.
I polished my crystal ball so lets hope its on the money.
PIO Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
