Punters are seeing the value here.
Look at our neighbours...
SLM - sp $1.025 mc $60m
LRS - sp .20c mc $500m
Sigma Lithium - sp $40 mc $5.5b
GMN - sp .006c mc $8m!
Yesterdays announcement was a positive picking up more ground around these companies. Its not if but when and how much lithium do we have and where will the sp go from here.
I believe we are significantly derisked at this price. You could still buy up to 3c on rock chip hype if close to LRS results then drilling/assay anticipation to 6c. All hypothetically speaking. The market will decide what they want to pay.
Glad youre back in.
Ann: Market Update, page-38
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.533M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $28.86K | 9.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4324697 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 34599500 | 20 |
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| Last trade - 13.50pm 12/07/2024 (20 minute delay) ? |
| GMN (ASX) Chart |