GSM 9.09% 1.2¢ golden state mining limited

Ann: GSM Grows Lithium Ground in Pilbara, page-2

  1. 1,875 Posts.
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    This is become quite an good investment in my opinion.. with the current market cap of around $3.5 million.. shortly to have cash available $3.5 million
    A number of good projects and shortly beginning lithium exploration as the lithium market show signs of improvement..

    Low SOI of under 200 million even after the capital raise (the money raised should at least get them through 12 months of solid expiration)

    We may of hit the low yesterday of 2.8??
    I did not want to miss the chance of topping up at these levels and have bought heavily at 3c..

    At a 5x of current share price it would still bring us to only the low side of similar companies in this position.
    on good results 10x with the sky being the limit as we have seen..

    strong buy in my opinion.. *not advice
 
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Last trade - 15.53pm 03/05/2024 (20 minute delay) ?
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