L1M lightning minerals ltd

Ann: Lightning Minerals attending 121 Conference in Melbourne, page-2

  1. 2,174 Posts.
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    C1X and OM1 seeing a lot of success on nearology to PMT. Which certainly is a lot bigger than LTR's Buldania, in fact one of the best lithium assets in the world, but surprised to see no interest here just a week away from June. Drilling to commence 'early June'.

    'Leases E63/2000 and E63/2001 are to the east (10km) and south (5km) of Liontown's Buldania asset.'

    Lithium specs seem pretty hot right now
    Cashed up (~$5mil)
    Great area
    @16.5c EV is sub 3mil
    48mil shares on issue
    options undervalued (IMO)
    CEO easy to contact (unlike some who don't return a single email or call)
    Sub IPO price

    In terms of spec punts this ticks a hell of a lot of boxes.

    I'll keep accumulating.
 
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