In 6 months time CRML is poised to rival the likes of LTR in cash and cash equivalent (theirs is currently sitting at just over AUD500M) yet EUR having 80% ownership of CRML is apparently only AUD100M worth. This USD10M is tip of the iceberg. There is USD20M in warrants (for those who doesn't know it's like options), GEM's USD125M ready and waiting, and those that shall not be named yet waiting for 60days period to expire. Obeikan has committed at minimum USD400M. European mines are not getting much love, it seems, incl VUL, incredibly under valued.. but that's the market I guess. Blind as a bat until cash hits it in the face by then it's too late to catch it.
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6 | 345000 | 0.037 |
6 | 473229 | 0.036 |
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