It comes down to trust and risk management. The competent person is also the biggest shareholder who has the most to gain. The competent person/geologist/major shareholder trusted somewhat a document written in a language that he has already admitted he does not understand. There is a lot riding on the enthusiasm and judgement of one person. He does seem to be highly respected and trustworthy- for all that.
Appropriate for a microcap?
Larger companies and large public institutions have invested squillions based on less.
Risk and reward. I will keep this as a low percentage of my portfolio. Then I can anticipate upside on this and sleep well.
IMHO DYOR
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- Ann: Amended Announcement - Brazil Lithium Due Diligence Complete
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Ann: Amended Announcement - Brazil Lithium Due Diligence Complete, page-4
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Last
7.1¢ |
Change
0.001(1.43%) |
Mkt cap ! $16.26M |
Open | High | Low | Value | Volume |
7.0¢ | 7.1¢ | 7.0¢ | $3.894K | 54.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 244117 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 244117 | 0.068 |
1 | 100000 | 0.066 |
1 | 395000 | 0.065 |
1 | 15000 | 0.064 |
2 | 365885 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 50000 | 1 |
0.072 | 59483 | 1 |
0.073 | 213795 | 1 |
0.075 | 307693 | 2 |
0.083 | 25500 | 1 |
Last trade - 13.21pm 28/07/2025 (20 minute delay) ? |
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