We're currently sitting on an enterprise value of about $70 million
500oz at 4.4g should have a present value, with even the most conservative estimates, of at least $300 million.
If they somehow "monetise" this for a lithium resource that the market values at less than that would be criminal.
The idea of the directors burning the value of this gold resource to the point of selling if for what the market values is less than $200 million of 40 cents per share is why I'm in this.
They could be stupid enough to let the gold resource go at a highly undervalued price, but even at $200 million dollars, this is a great investment opportunity at current prices.
We're currently sitting on an enterprise value of about $70...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DLI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $156.9M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.5¢ | $124.5K | 564.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 412246 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23849 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DLI (ASX) Chart |