great business model to lithium brine.
- get others with expertise to develop / cover costs. = non dilutive in terms of the capex required for these projects, is just that one off hit, as they lose the lions shares of the asset. But thats ok. Being a minority (under 50%) holder and getting a free ride essentially. He also said one of the project partners wants the off take so there is value buyer for the lithium.
Many irons in the fire. I started here with the HPA, not sure if/ when pink slipper can drill, but what a target that is.
And the most recent asset the Nb. I think being the hottest iron in the fire for market attention.
So i dont really get the sell off. But that is the opportunity isnt it. To buy when others are fearful and there is a mis pricing of bet payout multiple.
A winning discovery that values at say eg. 100m valuation is 5-1 payout if the stock risk on is at 20m mc. But the payout is 10-1 if the market discounts it to 10m mc. Same assets, same risk, reward multiple varies on entry price.
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great business model to lithium brine.- get others with...
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Last
9.3¢ |
Change
-0.001(1.06%) |
Mkt cap ! $10.23M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 9.3¢ | $9.984K | 106.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 120000 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 36532 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 120000 | 0.091 |
4 | 36111 | 0.090 |
1 | 20000 | 0.089 |
3 | 151000 | 0.085 |
1 | 12048 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 36532 | 2 |
0.100 | 153381 | 3 |
0.110 | 341535 | 2 |
0.115 | 80000 | 2 |
0.120 | 25800 | 2 |
Last trade - 12.49pm 01/08/2024 (20 minute delay) ? |
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