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6.25% 3.4¢ forrestania resources limited

Ann: Breakaway Dam Lithium update, page-25

  1. Smacky1705
    3,596 Posts.
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    03/04/24
    13:51
    Post #: 73168267
    Actually MTM was in the same situation. SP went down from 25 cents to 2 cents within 6 months with no cash left. They acquired 10 Kms land in west arunta next to WA1 and boom SP went to 17 cents from 2 cent in just 1 week. This is just a game of patience now. Currently the FRS SP is like it has more than 1-2 billion SOI but the fact is that SOI is only 160 million. So the room to go very high is there.
    FRS Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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