I see the carnage in the lithium space, but FBM looks oversold to me based on KH discovery. Good chance to average down. We have plenty of cash and our EV is tiny given the quality of the lithium intersections to date. Not fussed about Nevada stuff, it looks like the entire state is anomalous in lithium, and low grade clay hosted deposits will be last to be developed. ISpodumene pegmatites in WA are worth a lot more than FBM's current valuation IMO.
I see the carnage in the lithium space, but FBM looks oversold...
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $13.30M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $3.964K | 193.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 165210 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 399905 | 3 |
View Market Depth
| Last trade - 11.45am 29/08/2024 (20 minute delay) ? |
| FBM (ASX) Chart |