I think the question is do we think there is a lithium deposit to be found at Ruth Well or Osborne JV?
The answer is "yes" imho.
On the back of some decent initial drill results ie. 10m @ 1.5% Li20 or something like this then a $1.00+ share price should be easily achievable.
$2.00+ if any uncovered Li deposit can demonstrate decent strike length ie. 200m+ along this 7.5km trend.
That's my current view of GRE.
Ann: Further High Grade Lithium Encountered at Ruth Well Project, page-193
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Last
16.0¢ |
Change
0.020(14.3%) |
Mkt cap ! $13.29M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 16.0¢ | 13.0¢ | $35.68K | 256.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28944 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 40334 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GRE (ASX) Chart |