all it needs is few drill hole, resources and reserves to production will be 3years. I agree with @Simonn
Now Market Cap= $50million
70 x $ 50mill = $3.5 Billion subject to Lithium Demand which will be strong for next 5years.
--> EV 10% of World Vehicle sales,this share is increasing to 30% by 2025
--> DEMAND FOR RACE TO BE GOOGLE of search engine, Facebook of Social Media in next 5years; adoption rate is key to winning this race.
For above reasons EV will sustain Lithium price
$0.39 x 70 = $27.3 per share
Approx $3.5Billion by 2024
all it needs is few drill hole, resources and reserves to...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $2.567M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $624 | 32.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160000 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 50000 | 1 |
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| Last trade - 15.59pm 17/05/2024 (20 minute delay) ? |
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2.0¢ |
Change
-0.001 ( 5.26 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 2.0¢ | 1000 | ||
| Last updated 12.55pm 17/05/2024 ? | |||||
| RAS (ASX) Chart |