Cash balance $4.7m funded well into mid to late next year 2001 was only the starting point. Mineralisation readings will be determined by assays so stop spreading crap. They are currently working also on 2000/1993 tenements which returned high ppm readings of over 200ppm during sampling phase. This looks like a stronger tenement plus they have the james bay acquisition with completion near. They will hit the ground running for rock chips likely in October prior to winter kicking in. Likely to see some nice pegmatite outcrops there which could give the SP a nice kick along. Patience is required, company only been around for 8 or so months. Just look how long it took C1X to spike post ipo, did nothing for the first year of listing and then took off once they commenced there exploration work in James bay. We could follow a similar path. Enterprise value at this point is factoring in zero success on any projects, which is crazy when you think about how many chances they still have with the cash to do so.
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lightning minerals ltd
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Ann: Further Pegmatite Intersections at Dundas Project, page-16
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.096M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4660 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4660 | 0.053 |
1 | 9615 | 0.052 |
1 | 21739 | 0.046 |
1 | 5000 | 0.045 |
2 | 50000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 100000 | 1 |
0.059 | 112674 | 2 |
0.060 | 79536 | 1 |
0.065 | 200000 | 1 |
0.066 | 100000 | 1 |
Last trade - 16.12pm 16/06/2025 (20 minute delay) ? |
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