so by that logic once we have a MRE of CV13 the stock should go up??
If CV5 was 100Mt, CV13 is looking like 50Mt assuming no further drilling which is a false assumption.
So just adding CV13 will add another $500M to the valuation.
There is a reason for the ramp lol
The land package has not fully drilled out...
The magic number in honesty is the acquisition price because we all know that Albermarle will buy them out.
They are not "investors" - they are owners and they start small before making a serious bid for the asset.
My guess is 2 years from now but could be sooner depending on how the stock market price companies.
so by that logic once we have a MRE of CV13 the stock should go...
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $124.0M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 23.0¢ | $509.4K | 2.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 209583 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 14000 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| PMT (ASX) Chart |