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Lets do some simple math , Assume VWAP for 5 days is 16.5c, the...

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14/06/19

18:56

Post #: 39068233
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Originally posted by unicrumba: ↑

Hahah, I know, we all would have prefered to make some good profits instead of sitting out this transitional period.

It all comes down to if one believes that there will be substantial demand pressure on Battery Minerals over the next 5 years.

Thanks to the sector-wide SP collapse which has made sure any new projects will find it very difficult securing funding to progress in any meaningful way in the next 12months, will only help companies such A40...we are now in a position to be at the right place at the right time...

SP is clearly held in a desired range and should be clear to see for most...IMO t is only a matter of time until momentum swings the other way and you want to be set b4 then...we saw how high and how fast SP's can climb with Li.01 (Potential Based) --- Li2.0 (Deman Based) will be the real deal.

All IMO

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Lets do some simple math ,
Assume VWAP for 5 days is 16.5c, the MD award for Mark will be 361,350 / 0.165 = AUD 2,190,000, However, if the VWAP for 5 days become 16c, what Mark can get is 361,350/0.16 = AUD 2,258,437.5, the difference is AUD 68,437.5.

Again, this is just simple math here, and it does not mean anything.

A40 Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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