6c share

I thought I'd compare the 3 times this year that this share has been at 6c (with some minor adjusting down by 0.5c for now).

April 20th
Shares on issue = 270m
Market cap = $16.2m
Cash = $2.9m
EV = $13.3m
+ $2.2m placement completed
+ Finnis exploration to be accelerated

Sep 26th
Shares on issue = 272m
Market cap = $16.3m
Cash = $1.2m
EV = $15.1m
+ Skills and expertise appointments
+ BP33/Grants identified
+ Zola pegmatite identified
+ Finniss tenements doubled in size
+ High grade spodumene at BP33

Dec 20th
Shares on issue = 374m
Market cap = $22.4m
Cash = $9m
EV = $13.4m
+ High grade spodumene at Grants
+ Ringwood pegmatite identified
+ 400kg spodumene core sent for met work
+ High grade spodumene at FWN
+ Large intersections at FWC
+ Additional follow up drilling conducted awaiting assay results

I think it's fair to say that given our current EV at $13.4m is almost equal to April 8 months ago, the company is in a far better position now than before. More cash (to last a long time), high grade results, 2 major pegmatite targets (Zola, Ringwood), metallurgy work, possible follow up extensions and field experience.

Let's hope for further good news and greater support in the share price. Seems to be getting quite cheap given the potential.