The stock rose over 150% at 53c.
With dilution from capital raise and profit taking (which was always going to happen given the rise in SP from last year).
This is still in its infancy and hasn't even released its PFS yet.
Once investors have the information from the PFS we should get a rerate in SP. Possibly back over the cap raise price of 41c. Obviously depending on what is displayed in the report.
In next few years as lithium demand increases to meet supply this project will be in a very advantageous position.
Also not forgetting GSC's ability to sell boron to the marketplace.
The next 12-24 months look very promising, looking forward to PFS.
Ann: Diggers & Dealers Presentation - August 2018, page-12
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add INR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $338.9M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $363.2K | 2.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 1047723 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 705260 | 23 |
View Market Depth
| Last trade - 13.32pm 05/07/2024 (20 minute delay) ? |
| INR (ASX) Chart |