RDT has 12.7Mt @ 1.2% JORC. Current market cap of $170M.
WR1 has an exploration target of 15-25Mt @ 1-2%. Just exploration target alone is higher than RDT’s.
Market cap of around $54.7M.
Now let’s take into consideration of how deep RDT’s ore body is. Ours is very shallow. Basically that should command a significant premium to deep lithium ore.
CXO’s Finnish lithium mine is now officially open. 18.8Mt @ 1.3%. Market cap of $2.5B.
What should we be valued at? Patience is what we need. Above are my opinions only and not investment advice.
Ann: Gravity Survey Reveals High Priority Drill Targets at Cancet, page-39
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Last
70.0¢ |
Change
-0.040(5.41%) |
Mkt cap ! $151.4M | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 75.0¢ | 70.0¢ | $397.3K | 556.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11963 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 3738 | 1 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |