I think Lotus has more chance of going 4x to 1.5 billion market cap than Paladin going 4x to 11 billion market cap.
If you factor in Lotus owning 85% of a mine and Paladin owning 75% of a mine it would give you 31.5 mlb vs 67.5 mlb meaning Lotus's mine is close to half the size but Paladins market cap is 7.5 x larger , even taking into account Paladins other assets , Lotus's market cap should be alot higher.
Lotus 85% of a 37 mlb resource with a mine
Paladin 75% of a 90 mlb resource with a mine , 80 mlb in Canada and 190 mlb that is in areas with a ban on Uranium mining.
Markets are erational so anything could happen , you only have to look at some other stocks.
I think Lotus has more chance of going 4x to 1.5 billion market...
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Last
36.0¢ |
Change
-0.005(1.37%) |
Mkt cap ! $659.2M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 35.5¢ | $3.206M | 8.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 261327 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 100000 | 1 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| LOT (ASX) Chart |