ARN 8.43% 7.6¢ aldoro resources limited

Ann: Lithium & Rubidium Drilling to Commence at Niobe, page-9

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  1. 4,431 Posts.
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    Thanks for the ban update, scratchy. Here's a question though: how much do we know about how much lithium Aldoro has? Going on the announcement, very little. And yet its market cap is a healthy $33m. But even as of last Friday, Essential Metals, with a mineral resource estimate of 11.2mt at 1.21% lithium oxide, still only had a market cap of $88m. Is Aldoro more about hopium than lithium (boom, boom)? Is the Niobe area in a particularly prospective region for lithium (Kathleen Valley is the other side of Mt Magnet but still some distance from Niobe I think)?
 
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