FL1 is well funded according to Nov'23 presentation plus has 100% ownership. With such a good results, don't think china can buy cheaply. It will be well negotiated, or even not be sold to China. If they had this plan, they could have involved China last year when were establishing the company. I still beleive as soon as LLL issues solved (which is within next couple of weeks time), LLL will fly high and FL1 will follow. In short term this year target price $1 and if lithium price improves, we will reach $2.5 soon. Current SP is bargain price, not to miss.
Remember we have world class lithium. "First stage drilling program of ~7,000m at Blakala completed with world class lithium intercepts, including 111m @ 1.57% Li2O1.
IMO DYOR
Ann: Blakala pegmatites continue with completion of first stage, page-6
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15.0¢ |
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Mkt cap ! $11.94M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.5¢ | $9.834K | 68.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1368 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 4831 | 1 |
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| FL1 (ASX) Chart |