Based on 102,210,486 shares on issue with a new market cap of $38,337,617 (15,000,000 x 0.55 + 87,210,486 x 0.345), i calculated 37-38c as a reasonable price. This doesn't take into account any positivity from the actual announcement of the offtake agreement, nor that scoping study expenses are covered but i would argue close to fair value based on closing price y/day.
Based on 102,210,486 shares on issue with a new market cap of...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.71M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $69.17K | 9.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4844599 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 7021469 | 6 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| LML (ASX) Chart |